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    13 - Holiday Sq Blvd Covington, LA 70433

    Sponsored
    For Sale
    $1,646,568

    Covington, LA commercial land for sale

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.04-acre commercial lot (Lot 13) is part of the Versailles Business Center, a Planned Unit Development (PUD) in Covington, Louisiana. Located at the intersection of I-12 and Highway 190, this prime site offers unparalleled access to major transportation routes, including proximity to MSY and Hammond Northshore Regional Airport. The property boasts level topography, simplifying development, and allows for buildings up to 100 feet high. All essential utilities—electric, water, sewer, and fiber optics—are readily available. The surrounding area features a vibrant mix of retail, entertainment, hospitality, and residential establishments. This lot presents a unique opportunity for businesses seeking a strategic location within a thriving commercial hub. The asking price is $1,646,568, translating to $7.50 per square foot. The property's APN is 1919. The site is zoned PUD, offering flexibility for various development options, including build-to-suit possibilities. This presents a rare chance to acquire a significant parcel in a high-demand area of St. Tammany Parish, with the potential for substantial return on investment. The total acreage available within the Versailles Business Center is 17.92 acres, with 12.87 contiguous acres across two lots. This allows for expansion opportunities or the development of a standalone site. The address is LOT 13 - Holiday Square Blvd, Covington, LA 70433.

    Property Features for 13 - Holiday Sq Blvd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 5.04‑acre commercial land parcel for sale, lease, or build‑to‑suit.
    • Located in Covington, LA, at LOT 13 - Holiday Square Blvd (APN 1919).
    • Asking price: $1,646,568 ($7.50/SF land value).
    • PUD zoning allows up to 100‑foot building height.
    • Excellent access to I‑12 and Highway 190, near MSY and Hammond Northshore Regional Airport.
    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 - Covington, LA commercial land for sale
    Where is this land located?
    The property is located at 13 - Holiday Sq Blvd Covington, LA.
    What is the asking price?
    The asking price for this property is $1,646,568.
    What are key features of this property?
    This property features: 5.04-acre commercial land parcel for sale, lease, or build-to-suit.; Located in Covington, LA, at LOT 13 - Holiday Square Blvd (APN 1919).; Asking price: $1,646,568 ($7.50/SF land value).
    (985) 792-4385
    Request Owner's contact information
    13 - Holiday Sq Blvd 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

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    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
    13 - Holiday Sq Blvd Covington, LA 70433
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