Financial
Distress signals
Property profile

103 W 30Th Ave Covington, LA 70433

FOR LEASE
Other commercial real estate
Property ID
US36-1337421
4,039 SF Built 2013
Last sale Feb 2015 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years.
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Property summary

AI-generated overview

The property is a metal restaurant building totaling approximately 4,000 square feet, designed with an interior layout that can be divided into sections for multiple business operations within the same structure. The building has a configuration and included kitchen equipment consistent with restaurant use, including an overhead hood, fryer, pizza oven, a Vulcan 6 range burner, and a buffet table. It is located on a corner lot with a parcel size of approximately 131 by 108 and is described as…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$41k
Assessed land$9k
Assessed improvement$33k
Effective rate11.83%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$250k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$1k
Operating expenses−$10k
NOI · 287.28% cap applied$24k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$136/SF
ZIP average, outlier-cleaned · 162 recorded sales of this use type
Observed band · Q1–Q3$86 – $192
Qualifying comparables7

Cap rate analysis

How does the asset earn?
287.28%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAINT TAMMANY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.9
Computer & Electronic Repair9.1
Tech Support Center8.2

Location

103 W 30Th Ave Covington, LA 70433
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
806 Tyler, Covington, LA 70433-3350 $799,000 Dec 2025 2,736 SF
422 Tyler, Covington, LA 70433-3040 $800,000 Jan 2025 4,500 SF
72022 Live Oak, Covington, LA 70433-8805 $800,000 Dec 2024 5,393 SF
1000 Tyler, Covington, LA 70433-3632 $1,831,395 Aug 2024 3,367 SF
627 Boston, Covington, LA 70433-2907 $1,500,000 Jul 2024 3,075 SF
114 Pear, Covington, LA 70433-6211 $275,000 Feb 2024 4,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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