22081 Covington Ln Covington, LA 70433
This exceptional two-unit office building, located at 22081 Hwy 36 in Covington, Louisiana, presents a compelling investment opportunity. The 6,000 square foot property, built in 1988, sits on a 0.32-acre corner lot and boasts ample parking. The building is comprised of two floors, each offering 3,000 square feet of versatile space. Each floor features 10 private offices, multiple conference rooms, a reception area, a break room, and two bathrooms. The flexible layout allows for a variety of uses, including medical, professional offices, showrooms, childcare facilities, call centers, or religious centers. Currently zoned NC-4, this property offers significant income potential through leasing both units or occupying one while generating rental income from the other. The asking price is $699,005, translating to $116.50 per square foot. This prime Covington location, with its convenient access and ample parking, makes this a highly desirable investment. The building's solid construction and versatile design ensure long-term value and potential for growth. Don't miss this chance to acquire a well-maintained, income-generating property in a thriving Louisiana market.
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
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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.