16 - Holiday Sq Blvd Covington, LA 70433
This exceptional 6.18-acre commercial lot, part of the Versailles Business Center in Covington, Louisiana, is available for sale, lease, or build-to-suit. Located at the intersection of I-12 and Highway 190, this Planned Unit Development (PUD) zoned property offers unparalleled access to major transportation routes, including proximity to MSY and Hammond Northshore Regional Airport. The site boasts a level topography, simplifying development, and allows for buildings up to 100 feet high. Utilities including electric, water, sewer, and fiber optics are readily available. The property is surrounded by a thriving mix of retail, entertainment, hospitality, and residential areas, creating a convenient and attractive location for businesses. This lot is part of a larger 17.92-acre development with 12.87 contiguous acres available, providing opportunities for expansion or standalone development. The asking price is $2,422,807, with a land value of $9 per square foot. The APN is 1616. This prime location presents a unique opportunity for businesses seeking a high-visibility site in a rapidly growing area. The property's strategic location and flexible development options make it an ideal investment for a variety of commercial ventures. Don't miss this chance to secure a prominent position in Covington's desirable Northshore area.
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.