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Financial
Distress signals
Property profile

17418 Coastal Blvd Covington, LA 70435

FOR LEASE
Other commercial real estate
Property ID
US36-0770284
7,500 SF 1.9 ac lot Built 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This newly constructed office-warehouse building features roll-up doors at both the front and the rear, each with a height of approximately 14 feet, enabling direct access from either side of the property. The configuration includes tenant-dedicated parking areas in both the front and rear. The building is positioned with highway frontage along a roadway, providing visibility from that frontage. Suite 106 is configured as a combined office and warehouse space with office area paired with warehouse access through the front and rear roll-up doors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$49k
Assessed improvement$49k
Effective rate18.43%

Value estimate

· Oct 2026
$605k
$545k – $666k
Submarket $/SF estimate$601k
NOI build-up
Gross scheduled income$65k
Vacancy & credit loss−$2k
Operating expenses−$19k
NOI · 2,935.93% cap applied$44k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$92/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$53 – $119
Qualifying comparables13

Cap rate analysis

How does the asset earn?
2,935.93%
$44k 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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.0
Auto Parts Store8.8
Plumbing Service8.7

Location

17418 Coastal Blvd Covington, LA 70435
County assessor Recorded deeds · not on file 13 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
74522 Oil, Covington, LA 70435-5687 $1,175,000 Mar 2025 8,400 SF
17971 Painters, Covington, LA 70435 $1,592,927 Feb 2023 11,135 SF
74525 Oil, Covington, LA 70435-5687 $1,150,000 Feb 2023 11,583 SF
24150 Hwy 435, Covington, LA 70435 $1,628,361 May 2022 10,532 SF
Strawberry, Covington, LA 70435 $110,000 Mar 2021 5,686 SF
73500 Bollfield, Covington, LA 70435-5666 $70,000 Jan 2020 6,000 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?”
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