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    22081 Covington Ln Covington, LA 70433
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    22081 Covington Ln, Covington, LA 70433

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    • Office Spaces
    • 6,000 SF
    • 0.32 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 22081 Covington Ln

    Year built
    1988
    Lot size
    0.32 lot acres
    Property type
    Office Spaces
    Property subtype
    Office Units

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Covington
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -90.0728
    Latitude
    30.4817
    More about this property
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