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Property profile

0 Taylor St Covington, LA 70433

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Taylor St Covington, LA 70433
Covington metro
Google Maps

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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