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Property profile & analytics
OFF-MARKET
Land

0 Taylor St Covington, LA 70433

Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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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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