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    112 Innwoods Dr Covington, LA 70433

    For Lease
    $15 SF/Yr ($18,200 /Mo)

    1,276 SF Office Suite in Prime Location

    Lot size:
    14,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,276 square foot office suite is available for lease within the well-maintained Innwoods Office Park in Covington, Louisiana. Situated on a 1.16-acre lot, this Class B building offers a convenient location on Highway 21, providing easy access to downtown Covington and Interstate 12. Built in 2002, the two-story building totals 14,560 square feet, with this suite representing a small portion of the currently available space. The building boasts a high occupancy rate of 91.24%, reflecting its desirability within the business community. This particular suite is conveniently located on the right side of the building. The property is zoned C-1 and is located in St. Tammany Parish County. The building consists of one structure with multiple tenants. This presents a fantastic opportunity for businesses seeking a well-established and easily accessible office space in a thriving area. The suite is part of a traditional office building, also offering executive office space options. Interested parties should inquire for further details regarding lease terms and conditions. The property offers a blend of convenience, accessibility, and a professional environment, making it an ideal location for a variety of businesses.

    Property Features for 112 Innwoods Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,560 SF
    Class
    B
    Total Rate
    18200

    Building Details

    Year Built
    2002
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Floor 2nd, Suite F
    Size
    1,276 SF
    Rate per SF
    $15

    HighLights

    • 91.24% occupancy.
    • Well‑maintained, 14,560 SF Class B office building in Covington, LA's Innwoods Office Park.
    • Convenient Highway 21 location near downtown Covington and I‑12.
    • 1,276 SF suite available on the building's right side.
    • Located on a 1.16‑acre lot in St. Tammany Parish County, zoned C‑1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Covington
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -90.1179661
    Latitude
    30.4596489

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    FAQs

    What type of property is this?
    Office Property / Space - 1,276 SF Office Suite in Prime Location
    Where is this office property / space located?
    The property is located at 112 Innwoods Dr Covington, LA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 91.24% occupancy.; Well-maintained, 14,560 SF Class B office building in Covington, LA's Innwoods Office Park.; Convenient Highway 21 location near downtown Covington and I-12.
    Request Owner's contact information
    112 Innwoods Dr 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

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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
    112 Innwoods Dr Covington, LA 70433
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