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    Holiday Square Blvd Covington, LA 70433

    For Sale
    $2,034,252

    Prime 4.67-acre commercial lot in Covington, LA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 4.67-acre commercial land parcel, identified as Lot 12 in the prestigious Versailles Business Park, presents a unique investment opportunity in Covington, Louisiana. Located at 0 Holiday Square Blvd, this property boasts convenient access to major thoroughfares including Highway 190, Interstate 12, and the Causeway, ensuring high visibility and easy accessibility for potential businesses. The asking price is $2,034,252, translating to $435,600 per acre. Zoned as a Planned Unit Development (PUD), this versatile lot offers a wide array of permitted uses, including but not limited to medical facilities, office spaces, hospitality ventures, and self-storage facilities. Detailed permitted use information is available upon request. The absence of wetlands concerns further streamlines the development process. With a lot size of 4.67 acres and an average rental rate of $10 per square foot, this property offers significant potential for substantial returns. The property's location in St. Tammany Parish, Louisiana, and its proximity to key transportation arteries make it an ideal location for a variety of commercial developments. The APN is 1078202475. This is a rare opportunity to acquire a prime commercial land parcel in a thriving Louisiana market. Don't miss out on this exceptional investment prospect.

    Property Features for 0 Holiday Square Blvd

    General Information

    Property type
    Land
    Lot Size
    203,425 SF

    HighLights

    • 4.67‑acre commercial land parcel in Covington, LA's Versailles Business Park.
    • Located at 0 Holiday Square Blvd, with easy access to major highways (I‑12, Hwy 190, Causeway).
    • Asking price: $2,034,252 ($435,600/acre).
    • Planned Unit Development (PUD) zoning allows for various uses including medical, office, hospitality, and self‑storage.
    • No wetlands, streamlining development.
    • Significant return potential with a 4.67‑acre lot and average rental rate of $10/sq ft.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Covington
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -90.0883483
    Latitude
    30.4360123

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    FAQs

    What type of property is this?
    Land - Prime 4.67-acre commercial lot in Covington, LA.
    Where is this land located?
    The property is located at Holiday Square Blvd Covington, LA.
    What is the asking price?
    The asking price for this property is $2,034,252.
    What are key features of this property?
    This property features: 4.67-acre commercial land parcel in Covington, LA's Versailles Business Park.; Located at 0 Holiday Square Blvd, with easy access to major highways (I-12, Hwy 190, Causeway).; Asking price: $2,034,252 ($435,600/acre).
    (985) 629-3500
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    Holiday Square Blvd Covington, LA 70433
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    Covington, LA 70433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Holiday Square Blvd Covington, LA 70433
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