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Property profile & analytics
OFF-MARKET
Land

0 Helenbirg Rd Covington, LA 70433

3.37 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.37-acre commercial and residential land parcel presents a unique investment opportunity in Covington, Louisiana. Located on Helenberg Road, this property boasts approximately 650 feet of road frontage, offering excellent visibility and accessibility. Its strategic location is directly across from the established Preserve Office Park and multifamily apartment complexes, ensuring high traffic and a desirable neighborhood setting. The property is zoned NC1 (Professional Office), allowing for a variety of development options, including professional office spaces. However, its dual commercial and residential zoning also opens the door to residential development possibilities. Existing infrastructure is in place, with water and sewer services readily available through Tammany Utilities. The land comprises existing lots of record, simplifying the development process. For those seeking even greater acreage, an additional 2.41-acre parcel is available across the street, presenting an opportunity for expansion or a combined development project. The asking price is $550,000, translating to approximately $163,205 per acre. Detailed zoning information and a brochure are available upon request. This property represents a compelling investment opportunity with significant potential for future growth and return.

Property profile
Verified
Property type Land
Lot 3.37 ac (146,797 SF)
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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