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Property profile & analytics
OFF-MARKET
Warehouses

401 Northpointe Ct Covington, LA 70433

31,842 SF 4.83 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 401 Northpointe Ct, Covington, LA 70433, offers 31,842 to 68,396 square feet of versatile space, ideal for distribution or manufacturing. Built in 2024, this 4.83-acre site (APN 1038082040) is zoned I-2 (Heavy Industrial District) and boasts 24 loading docks with 24 dock-high doors, each equipped with Bluff Manufacturing's "Edge of Dock Leveler." The warehouse features impressive 30'-38' ceiling heights and 60-foot column spacing, exceeding industry standards. A 3-phase power supply and interior sprinkler system ensure operational efficiency. The building is easily divisible into two approximately equal spaces (around 37,500 and 31,800 square feet). Its strategic location near Interstate 12 provides easy access to I-10, I-55, and I-59, facilitating efficient transportation to Baton Rouge, Hammond, Slidell, Mobile, and Mississippi. The asking price is $7,000,000. This property presents a unique opportunity for businesses seeking a modern, efficient, and strategically located warehouse facility.

Property profile
Verified
Property type Warehouses
Year built 2024
Total area 31,842 SF
Lot 4.83 ac (210,395 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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