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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

20081 La-36 Covington, LA 70433

6,000 SF 0.32 ac lot Built 1988
Property ID
Property summary
AI-generated overview

This exceptional commercial property at 20081 Hwy 36, Covington, LA 70433, offers 6,000 square feet of flexible office space, ideally suited for a variety of uses. The building, constructed in 1988, features two stories, each comprising 3,000 square feet of divisible space, with a minimum leasable area of 3,000 square feet. The property boasts 20 private offices, reception areas, multiple conference rooms, and four bathrooms, providing ample space for a growing business. Its versatile design accommodates various business types, including medical offices, professional offices, showrooms, daycares, call centers, and religious centers. Located on a corner lot with abundant parking, this property offers significant convenience and visibility. The 0.32-acre lot is zoned NC-4 in St. Tammany Parish, providing flexibility for diverse business operations. Lease-to-purchase options are available. A security deposit and first month's rent are due upon lease signing. This is a fantastic opportunity to secure a well-appointed, spacious office building in a prime Covington location. The cross street is Bullard St.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1988
Total area 6,000 SF
Lot 0.32 ac (13,939 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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