Technical
Financial
Distress signals
Property profile

601 Lakewood Northshore Dr Covington, LA 70433

OFF-MARKET
Industrial land
Property ID
US36-2401012
2,825 SF Built 2022
Individually Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 2022
Total area 2,825 SF
APN 23337
UPID US36-2401012

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

601 Lakewood Northshore Dr Covington, LA 70433-1949
Covington metro Census 40402 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$400k
Blend (final) Blend
$525k

Owner & transaction history

since 2022
Last sale
$40,000
2 recorded transactions
2022
Price N/A
2019
$40,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $385,000 +41.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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