15 - Holiday Sq Blvd Covington, LA 70433
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.
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
Similar Nearby for Sale
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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.