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Warehouse Property with Commercial Lot
For Sale
$1,500,000

121 N POLK Street, Covington, LA 70433

Commercial, Covington, LA

Property Size1,060 SF
Lot Size0.13 Acres
Price / SF$1,415
Days on Market93

Property Features for 121 N POLK Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning NC
Parking features Off Street
Subdivision Not a Subdivision
Lot features Regular
Standard status Active
APN 18264
Size 1,060 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Description PT LOTS 6 7 AND ALLEY SQ 2108 NEW COVINGTON CB 549 58 CB 987 318 CB 1291 537 INST NO 1370676 INST NO 1584223 INST NO 1651177
Legal Description PT LOTS 6 7 AND ALLEY SQ 2108 NEW COVINGTON CB 549 58 CB 987 318 CB 1291 537 INST NO 1370676 INST NO 1584223 INST NO 1651177

Utilities

Water source Public

Building Details

Year built 1935
Floors in Building 1
Listing Agency: 1 Percent Lists
Listed By: Lori Jas · License #995704378
Added: Jul 7 Changed: Sep 2 Last Checked: Oct 7 at 7:06AM
MLS# 2566437

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This assembled commercial property includes four parcels sold together: a warehouse/storage building, a retail building of approximately 2,906+/- square feet, a two-bedroom, one-bath house, and an adjoining vacant commercial lot. The house may support residential occupancy or professional office use. Off-street parking and public water are available, and the improvements date to 1935.

The three improved parcels carry Neighborhood Commercial zoning, while the vacant lot is zoned Commercial. The property spans N. Polk Street and W. 21st Avenue, with the additional lot located at 809 W. 22nd Street. The retail building may be leased back by the seller for up to 12 months after closing. The business is excluded; the offering consists of the real estate and land only.

Key Highlights

  • Four parcels sold together; seller will not separate the properties
  • Includes three buildings plus an adjoining vacant commercial lot
  • Retail building contains approximately 2,906+/- square feet

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tech Support Center Tanning Salon Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,052
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70433, LA

41,423
Population
18,712
Households
2.2
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
48.7 sq mi
ZIP Area
851
Density / Sq Mi
$79,354
Median Household Income
$47,406
Median Earnings
$1,373
Median Rent
$316,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Four-parcel commercial holding with warehouse, retail, residential-office, and vacant land components.
Where is this warehouse located?
The property is located at 121 N POLK Street Covington, LA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four parcels sold together; seller will not separate the properties; Includes three buildings plus an adjoining vacant commercial lot; Retail building contains approximately 2,906+/- square feet
More about this property
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