0 Holiday Square Blvd Covington, LA 70433
The Versailles Business Center in Covington, LA's thriving Northshore offers exceptional investment opportunities. This development features several prime raw land parcels ranging from 5.05 to 6.69 acres, available for sale, lease, or build-to-suit. The flexible zoning (PUD) allows for diverse uses including office, retail, medical, residential (upper floors), hotel, and restaurant establishments. Lot 13, a 5.05-acre standalone parcel, presents an ideal opportunity for businesses seeking a prominent location. Lots 15 (6.69 acres) and 16 (6.18 acres) are adjacent, providing significant flexibility for larger-scale projects or multiple developments. This strategic location in Covington's Northshore ensures excellent visibility and accessibility. The strong local economy and increasing demand for new businesses and services make this a compelling investment. The approved Planned Unit Development (PUD) guarantees a well-planned and sustainable development. These lots represent a unique chance to establish or expand a presence in a vibrant and growing community. Parcel sizes are precisely 5.05 acres (Lot 13), 6.69 acres (Lot 15), and 6.18 acres (Lot 16). The APN for the overall development is 1078160197. Invest in one or multiple lots and become part of a thriving Northshore community.
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.