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    752 Columbia St Covington, LA 70433

    Sponsored
    For Sale
    $1,200,000

    Prime Downtown Location, 3,264 SF, Vacant

    Property size:
    3,264 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,264 square foot commercial property, located at 752 N Columbia St in Covington, Louisiana, presents a rare opportunity. Built in 1903, this historic building sits on a generous 1.18-acre lot, offering significant potential for expansion or ample parking. Currently vacant, the property is zoned CBD (Central Business District) and is ideally situated directly across from the St. Tammany Parish Justice Center. While partially gutted, the building boasts a new roof and is ready for renovation to suit a variety of uses, including residential or professional office space. The asking price of $1,200,000 represents a compelling value, especially considering the substantial lot size and prime downtown location. The property's APN is 1060083720. This is a unique chance to acquire a piece of Covington's history and capitalize on its vibrant downtown area. The property's price per square foot is $367.65. The building's existing structure provides a solid foundation for a creative renovation project. The large lot size allows for significant flexibility in development plans. This property is listed at almost ground value, presenting a strong investment opportunity.

    Property Features for 752 Columbia St

    General Information

    Property type
    Land
    Square Feet
    3,264 SF
    Lot Size
    51,401 SF

    Building Details

    Year Built
    1903

    HighLights

    • 3,264 SF commercial building on a 1.18‑acre lot in Covington, LA.
    • Located at 752 N Columbia St, across from the St. Tammany Parish Justice Center.
    • CBD zoning allows for versatile uses, including residential or office.
    • Partially gutted, new roof, $1,200,000 asking price ($367.65/SF).
    • APN: 1060083720.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    St Tammany Parish
    State
    Louisiana
    Longitude
    -90.09586418
    Latitude
    30.48162935

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    FAQs

    What type of property is this?
    Land - Prime Downtown Location, 3,264 SF, Vacant
    Where is this land located?
    The property is located at 752 Columbia St Covington, LA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 3,264 SF commercial building on a 1.18-acre lot in Covington, LA.; Located at 752 N Columbia St, across from the St. Tammany Parish Justice Center.; CBD zoning allows for versatile uses, including residential or office.
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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
    752 Columbia St Covington, LA 70433
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