Property summary
This exceptional 9,074 square foot commercial property, located at 1957 Collins Boulevard in Covington, Louisiana, presents a unique investment opportunity. Situated on a spacious 1.7-acre lot, this building boasts a prime location with convenient access to major roadways including the Causeway, I-10, I-12, I-59, and I-55, ensuring high visibility and accessibility. The property is zoned CR (Regional Commercial District) and benefits from a high traffic count. The building itself offers 8,714 square feet of usable space, divided into 6,544 square feet on the ground floor and 2,170 square feet upstairs. Currently configured as a turn-key restaurant, it features a recently installed (2 years ago) new sewer treatment system, ensuring efficient and compliant operations. Recent upgrades include a new metal roof and windows, enhancing both the building's aesthetics and energy efficiency. The ample 1.7-acre lot provides extensive parking and open space, further complemented by a circular driveway facilitating easy access for deliveries. The property is also available for lease at a monthly rate of $7,200. This versatile property is ideal for a variety of commercial uses and presents a compelling opportunity for both owner-operators and investors. Serious offers are being considered.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
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Big Box & Wholesale Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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