Property profile

0 Holiday Blvd Covington, LA 70433

OFF-MARKET
Land
5.86 ac lot
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Property summary

AI-generated overview

This exceptional 5.86-acre commercial land parcel presents a unique investment opportunity in Covington, Louisiana. Located on Holiday Blvd, this "L"-shaped site boasts convenient access, situated less than one mile from Interstate 12, easily reached via Highway 190. The property's strategic location is surrounded by existing commercial development, maximizing its potential for immediate impact and future growth. Currently zoned NC1 (Neighborhood Commercial), the property is under consideration for an up-zoning to HC1, reflecting the surrounding area's evolving commercial landscape. The asking price is $1,400,000, translating to $238,907 per acre, representing a compelling value proposition for developers seeking a prime location in a thriving market. The property's APN is 1070121916. This is a rare opportunity to acquire a significant land holding in a high-growth area of St. Tammany Parish, offering substantial potential for a variety of commercial ventures. The address is Holiday Blvd, Covington, LA 70433.

Property profile

Verified
Property type Land
Lot 5.86 ac (255,262 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Holiday Blvd Covington, LA 70433
Covington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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