0 Helenbirg Rd Covington, LA 70433
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.
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.