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Property profile & analytics
OFF-MARKET
Office Spaces

22081 Covington Ln Covington, LA 70433

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

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.

Property profile
Verified
Property type Office 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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