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Property profile & analytics
OFF-MARKET
Industrial land
814 Filmore St Covington, LA 70433-1346
Individually Owned
2-yr Hold
Free & Clear
Property ID
US36-1361937
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
APN
18863
UPID
US36-1361937
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Forrest R Heintz · 2 yrs held
Forrest R Heintz
since 2024
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Covington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Covington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$1,500
Assessed 2023
Previous assessed
$1,500
+0.0% YoY
Assessed land
$1,500
Land market value
$15,000
Total market value
$15,000
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
APN
18863
UPID
US36-1361937
Jurisdiction
SAINT TAMMANY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Current owner
From public records · entity-resolved
Forrest R Heintz
Individual
Free & Clear · 2 yrs held
Mailing address
217 EMPRESS CT, MADISONVILLE, LA 70447-3133
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2024
$275,000
Forrest R Heintz
Antonio Eduardo Martin
Cash Sale Deed
—
Feb 27, 2023
$47,000
Equity Trust Co Custodian
Frederick J Badon SR.
Cash Sale Deed
—
Feb 14, 2023
$47,000
Frederick J Badon SR.
Zonyon LLC
Cash Sale Deed
—
Dec 16, 2022
$232,000
Mindy Ann Cordell Martin
Nicole J Harmon
Cash Sale Deed
—
Jul 28, 2022
$1,147,500
St Tammany Parish Hospital
Stirling Medical Garage LLC
Cash Sale Deed
—
Mar 17, 2022
$45,000
Catherine C Maestri
Melissa Zellers Gonzalez
Cash Sale Deed
—
Mar 17, 2022
$350,000
Pour Les Enfant LLC
New Orleans Coffee Emporiu LLC
Cash Sale Deed
—
Jan 21, 2022
$360,000
Lane Simon Grant
Vincent L Riccobono
Cash Sale Deed
—
Jan 19, 2022
$175,000
Beech Street Properties INC
Moon Lily Property Co LLC
Cash Sale Deed
—
Jan 5, 2022
$150,000
Sue Jones Shaw
Rcw Covington Property LLC
Cash Sale Deed
—
Dec 16, 2021
$29,000
Kenneth W Kuhn
Nicolae Enterprises LLC
Cash Sale Deed
—
Dec 9, 2021
$21,000
West 30s Redemption Co
Barbara M Hardesty
Cash Sale Deed
$15,750 · Home Bank NA
Aug 20, 2021
$308,000
Michael David Lagasse
Hhm Properties LLC
Cash Sale Deed
—
Aug 4, 2021
$140,000
Maria Fernandez Snitzer
Siverd Family Trust
Cash Sale Deed
—
Jun 29, 2021
$305,000
Regina Rachelle Mayeur Galjour
Hendrik Jan G Stegeman
Cash Sale Deed
—
Jun 9, 2021
$84,000
Valerie Birt Joseph
Floyd A Baham
Cash Sale Deed
—
Nov 12, 2020
—
Mark George Siverd
Suzanne Schafer Fernandez
Quit Claim Deed
related
—
Jan 24, 2005
$15,000
Charles J Maestri
Erwin Tema
Cash Sale Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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