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Property profile & analytics
OFF-MARKET
Land

15 - Holiday Sq Blvd Covington, LA 70433

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.69-acre commercial lot, part of the Versailles Business Center in Covington, Louisiana, presents a unique investment opportunity. Located at the intersection of I-12 and Highway 190, this Planned Unit Development (PUD) zoned property offers unparalleled access to major transportation routes, including proximity to MSY and Hammond Northshore Regional Airport. The site boasts a level topography, simplifying development, and allows for buildings up to 100 feet in height. Utilities including electric, water, sewer, and fiber optics are readily available. The property is surrounded by a thriving mix of retail, entertainment, hospitality, and residential areas, providing both convenience and an attractive environment for businesses. The asking price is $2,622,748, with a land value of $9 per square foot. This lot is part of a larger 17.92-acre development, with 12.87 contiguous acres available across two lots, offering flexibility for expansion or standalone development. This prime location in one of Covington's most desirable commercial hubs makes this an ideal opportunity for businesses seeking a strategic location with excellent visibility and accessibility. The APN is 1818. The property is available for sale, lease, or build-to-suit options.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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