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    Holiday Square Blvd Covington, LA 70433

    For Sale
    $6,692,123

    Covington, LA Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    The Versailles Business Center offers exceptional investment opportunities in Covington, Louisiana's thriving Northshore. This prime commercial land development features several parcels available for sale or lease, with build-to-suit options. Lots range from 5.04 to 6.69 acres, providing flexibility for various projects. Lot 13 (5.04 acres) is a standalone parcel ideal for a single, prominent business. Lots 15 (6.69 acres) and 16 (6.18 acres) are adjacent, perfect for larger-scale developments or multiple businesses. The property boasts excellent visibility and accessibility in a high-growth area. The approved Planned Unit Development (PUD) zoning ensures a streamlined and sustainable development process. The asking price for the entire development is $6,692,123, with land value ranging from $7.50 to $9.00 per square foot. The property's APN is 1078160197. This location is suitable for office, retail, residential (top two floors), medical, hospitality, and restaurant uses. Invest in this vibrant community with strong economic growth and high demand for new businesses and services. The property is located on Holiday Square Blvd, Covington, LA 70433, in St. Tammany Parish. The total acreage available ranges from 1 to 17.92 acres.

    Property Features for 0 Holiday Square Blvd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Prime lots available: 5.04‑acre Lot 13, 6.69‑acre Lot 15, and 6.18‑acre Lot 16.
    • Lot 13 offers a standalone development opportunity.
    • Lots 15 and 16 are contiguous, suitable for larger‑scale projects.
    • High visibility and accessibility in Covington's Northshore.
    • Approved Planned Unit Development (PUD).
    • Strong local economy and high demand for commercial space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Covington
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -90.0882289
    Latitude
    30.4360765

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    FAQs

    What type of property is this?
    Land - Covington, LA Commercial Land
    Where is this land located?
    The property is located at Holiday Square Blvd Covington, LA.
    What is the asking price?
    The asking price for this property is $6,692,123.
    What are key features of this property?
    This property features: Prime lots available: 5.04-acre Lot 13, 6.69-acre Lot 15, and 6.18-acre Lot 16.; Lot 13 offers a standalone development opportunity.; Lots 15 and 16 are contiguous, suitable for larger-scale projects.
    (985) 792-4385
    Request Owner's contact information
    Holiday Square 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

    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
    Holiday Square Blvd Covington, LA 70433
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