0 Taylor St Covington, LA 70433
This exceptional offering presents a unique opportunity to acquire a substantial 72,000 square foot industrial land parcel in the heart of Covington, Louisiana. Located on N. Taylor St., this property boasts a prime location within city limits, zoned ML, and offers significant development potential. The site features a generous 150-foot frontage on Taylor Street, providing excellent accessibility. This listing encompasses eight individual lots, with the owner of the remaining two lots also expressing interest in selling, presenting a potential for even larger acquisitions. The property's strategic position is further enhanced by its proximity to a repurposed railroad bike path running alongside 27th Avenue and Mile Branch, which borders the rear of the property near Fillmore. This previously unlisted property represents a rare find in the Covington market, ideal for investors or developers seeking a substantial industrial land holding in a desirable location. The APN is ef56d99b-91cb-4cf4-8ba0-6f79c41251ec. The asking price for the entire 72,000 square foot parcel is $325,000.
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.