200 New Camellia Blvd Covington, LA 70433
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.