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    Property profile & analytics

    713 15Th Ave Covington, LA 70433

    • Commercial real estate
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US36-1451980
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 713 15Th Ave

    Year built
    2024
    Property type
    Commercial real estate

    Description

    This exceptional Covington, LA commercial property presents a unique build-to-suit opportunity on a vacant lot located at 713 W 15TH Avenue. The owner is actively seeking collaboration with a prospective tenant or developer to create a custom-designed commercial building tailored to specific needs and long-term investment goals. This flexible approach allows for a truly bespoke development, ensuring the final product perfectly aligns with the intended use and maximizes the property's potential. The size of the lot is not specified, but the opportunity is ideal for a business seeking a long-term commitment in a desirable location. While a price is not currently listed, this reflects the owner's willingness to negotiate and collaborate on a mutually beneficial project. Prospective occupants are responsible for verifying all city requirements and regulations pertaining to their proposed development. This is an exceptional chance to create a property perfectly suited to your business needs in a thriving Covington location. The focus is on establishing a strong, long-term partnership with a tenant who shares the owner's vision for a successful and enduring commercial venture. This build-to-suit opportunity offers unparalleled flexibility and the potential for a truly unique and valuable asset.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    St Tammany
    State
    Louisiana
    Longitude
    -90.11118
    Latitude
    30.47338

    Comparable in this City

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    Similar Nearby for Lease

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    713 15Th Ave
    Covington, LA 70433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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