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    200 New Camellia Blvd Covington, LA 70433

    For Sale
    $2,188,890

    Prime 3-4 acre commercial lot, I-12 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3-acre commercial land parcel, potentially expandable to 4 acres, boasts unparalleled visibility from Interstate 12. Located at 200 New Camellia Boulevard in Covington, Louisiana (zip code 70433, APN 1041333275), this property is situated within the highly desirable Tammany West Multiplex Business Park in St. Tammany Parish. The site is conveniently accessible via Interstate 12, offering significant exposure to a high volume of traffic. Priced at $2,188,890 ($729,630 per acre), this cleared and shovel-ready lot presents a unique opportunity for immediate development. The property is available for sale, lease, or build-to-suit arrangements, offering flexibility to meet diverse business needs. A significant advantage is the absence of impact fees, reducing upfront development costs. This prime location, combined with its exceptional accessibility and ready-to-develop status, makes this an ideal investment for businesses seeking high visibility and convenient access to major transportation routes. The latitude and longitude coordinates are 30.4540521, -90.1712034 respectively.

    Property Features for 200 New Camellia Blvd

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • 3‑acre commercial lot, expandable to 4 acres, in Covington, LA.
    • High visibility from I‑12 in Tammany West Multiplex Business Park.
    • $2,188,890 ($729,630/acre); APN 1041333275.
    • Cleared and shovel‑ready; available for sale, lease, or build‑to‑suit.
    • No impact fees.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store 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
    -90.1712034
    Latitude
    30.4540521

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    FAQs

    What type of property is this?
    Land - Prime 3-4 acre commercial lot, I-12 access.
    Where is this land located?
    The property is located at 200 New Camellia Blvd Covington, LA.
    What is the asking price?
    The asking price for this property is $2,188,890.
    What are key features of this property?
    This property features: 3-acre commercial lot, expandable to 4 acres, in Covington, LA.; High visibility from I-12 in Tammany West Multiplex Business Park.; $2,188,890 ($729,630/acre); APN 1041333275.
    (985) 792-4385
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    200 New Camellia 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
    200 New Camellia Blvd Covington, LA 70433
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