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Property profile & analytics
FOR SALE
Medical Office Space

206 Highland Park Plz Covington, LA 70433

2,000 SF Built 1976
Property ID
US36-Q012416
Property summary
AI-generated overview

Excellent opportunity to purchase a professional medical office condominium previously operated as a successful dental practice for many years. This 2,000 total square-foot unit is located within a well-maintained one-story medical office condominium complex with ample shared parking and convenient access from Highland Park Plaza off of Highway 21 in Covington. The existing finished space consists of approximately 1250 square feet and includes a welcoming reception and waiting area, four treatment/exam rooms, laboratory, private office, and two restrooms. The dental office has been well maintained providing a functional layout for a dental, medical, or specialty healthcare user. An additional 750 square feet remains in shell condition, offering exceptional flexibility for expansion, additional treatment rooms, administrative offices, or customization to meet your practice's specific needs. The unit includes an undivided 6.717918% ownership interest in the common elements of the condominium association, with access to shared paved and striped parking areas. The medical office park is situated on approximately 2.63 acres, providing a professional setting for healthcare and office users. Ideal for owner-users, dental professionals, medical practitioners, specialists, or investors seeking a value-add opportunity with expansion potential.

Property profile
Verified
Property type Medical Office Space
Year built 1976
Total area 2,000 SF
UPID US36-Q012416
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
Current use
Occupant on record · Public records
  • Sullivan T Kevin DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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