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Property profile & analytics
OFF-MARKET
Warehouses

401 Northpointe Ct Covington, LA 70433

68,396 SF 4.83 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This brand-new, 68,396-square-foot warehouse distribution center in Covington, LA, offers unparalleled access to major interstate highways, including I-12, I-10, I-55, and I-59, providing seamless connectivity to Baton Rouge, Hammond, Slidell, Mobile, and Mississippi. Built in 2023, the facility boasts a 30'-38' ceiling height and a cutting-edge metallic long bay system with impressive 60-foot column spacing, exceeding industry standards for efficient operations and ample storage. The warehouse features 24 loading docks equipped with 24 dock-high doors (9x9' and 16x16' sliding doors), all fitted with state-of-the-art Bluff Manufacturing Edge of Dock Levelers, capable of handling 20,000-30,000 pounds. The property includes 75 total parking spaces and is powered by a robust 600 amp, 480-volt, 3-phase system. A comprehensive interior sprinkler system ensures safety. The space is zoned I-2 (Heavy Industrial District) and sits on 4.83 acres of land (APN: 1038082040). The building is easily divisible into two separate spaces, approximately 37,500 square feet and 31,800 square feet, offering flexibility for various business needs. Minimum divisible space is 31,842 square feet, with a maximum contiguous space of 68,396 square feet. This property represents a prime opportunity for businesses seeking a modern, efficient, and strategically located warehouse solution.

Property profile
Verified
Property type Warehouses
Year built 2023
Total area 68,396 SF
Lot 4.83 ac (210,395 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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