Financial
Distress signals
Property profile

21161 Hwy 36 Covington, LA 70433

OFF-MARKET
Commercial real estate
Property ID
US36-1330642
100,990 SF 13.8 ac lot Built 2010
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 exceptional mixed-use property, located at 21161 Highway 36 Unit 21161 in Covington, Louisiana, presents a compelling investment opportunity. The building boasts a total of 6,000 square feet, offering significant potential for diverse uses. A key feature is the existing 615-square-foot finished office space, meticulously designed with a welcoming reception area, two private offices, and two ADA-compliant restrooms. This pre-finished space is ideal for immediate occupancy, minimizing…

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?
$64k
Tax billed · 2023
Assessed value$497k
Assessed land$119k
Assessed improvement$378k
Effective rate12.88%

Value estimate

· Sep 2026
$700k
$630k – $770k
Submarket $/SF estimate$8.71M

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon11.9
Spa & Massage11.6
Law Firm11.5

Location

21161 Hwy 36 Covington, LA 70433-8682
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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
4040 Hwy 59b, Covington, LA 70433 $1,100,000 Dec 2024 16,850 SF
190 New Camellia, Covington, LA 70433-7846 $2,612,000 Dec 2024 25,400 SF
19375 4th, Covington, LA 70433-8876 $1,700,000 Oct 2024 6,803 SF
16282 Hwy 1085, Covington, LA 70433-7225 $8,309,765 Oct 2024 9,600 SF
1133 Lee Rd, Covington, LA 70433-1760 $540,000 Jul 2024 6,075 SF
1102 Hwy 190n, Covington, LA 70433-5908 $3,000,000 Mar 2024 16,800 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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