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    5100 Vlg Walk Independence, LA 70443

    For Lease
    $20 SF/Yr

    Prime Office Space, St. Tammany Parish

    Lot size:
    111,170 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Covington Village Walk, located at 5100 Village Walk in Covington, Louisiana (zip code 70443), presents a significant opportunity for businesses seeking executive office space. This seven-story mixed-use property, totaling 111,170 square feet, offers multiple tenancy options within a thriving business hub. The building features ample parking and is conveniently situated near Highway 190, providing easy access to I-12 and the Lake Pontchartrain Bridge. Individual suites range from a minimum of 1,274 square feet to a maximum contiguous space of 60,000 square feet, with the entire 111,170 square feet currently vacant. The property sits on 12 acres and includes established offices, retail buildings, and future development sites, making it an ideal location for businesses of all sizes. The property is classified as Retail and Office, with a subtype of Executive Office, and is located in St. Tammany Parish, Louisiana. Its prime location ensures effortless commutes for employees and visitors. This is a rare opportunity to secure a substantial amount of high-quality office space in a rapidly developing area.

    Property Features for 5100 Vlg Walk

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    111,170 SF
    Total Rate
    185283.33

    Building Details

    Stories
    7

    Unit(s) available at that property

    Space
    Lot D
    Size
    10,000 SF
    Space
    Lot G
    Size
    20,000 SF
    Space
    Lot E
    Size
    60,000 SF
    Space
    Suite 1027
    Size
    2,053 SF
    Space
    Suite 1017
    Size
    2,122 SF
    Space
    Suite 1103
    Size
    1,274 SF
    Space
    Suite : 302
    Size
    5,946 SF
    Rate per SF
    $20
    Space
    Suite 1015
    Size
    2,157 SF
    Space
    Suite 1017
    Size
    2,122 SF
    Space
    Suite 108
    Size
    4,265 SF
    Space
    Suite 110
    Size
    1,231 SF

    HighLights

    • Prime Downtown Covington Location
    • Convenient US Hwy 190 Access
    • Walkable to Amenities
    • Tammany Trace Trail Access with Bike Rack
    • On‑site Dog Park
    • Three Separate Building Entrances
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Independence
    County
    St Tammany Parish
    State
    Louisiana
    Longitude
    -90.0909465
    Latitude
    30.4795232

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    Nearby Similar for Lease

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      Historic Retail Space in Independence

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, St. Tammany Parish
    Where is this office property / space located?
    The property is located at 5100 Vlg Walk Independence, LA.
    What is the lease rate?
    The lease rate is $0.00-$20 SF/Yr.
    What are key features of this property?
    This property features: Prime Downtown Covington Location; Convenient US Hwy 190 Access; Walkable to Amenities
    Request Owner's contact information
    5100 Vlg Walk Independence, LA 70443
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    Independence, LA 70443
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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
    5100 Vlg Walk Independence, LA 70443
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