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Property profile & analytics
OFF-MARKET
Commercial real estate

857 Collins Blvd Ste A Covington, LA 70433-2764

2,820 SF Built 2005
Individually Owned Absentee Owner Free & Clear
Property ID
US36-1319212
Property summary
AI-generated overview

This exceptional Covington, LA duplex office building presents a unique investment opportunity. Boasting a total of 2,880 square feet, this property is situated on a prominent 0.28-acre corner lot directly off Collins Boulevard (Highway 190), ensuring high visibility and accessibility. The building offers two separate units, each complete with its own kitchenette, bathrooms, and ample storage space, providing flexibility for a variety of uses. A large on-site parking lot caters to the needs of tenants and clients. The strategic location benefits from significant daily traffic, with over 31,000 vehicles passing by daily, providing unparalleled exposure for your business. This high-traffic location makes it ideal for a range of professional services, including but not limited to law firms, medical and dental practices, accounting firms, marketing agencies, or tech startups. The property's prime location and versatile layout offer a compelling opportunity to establish a thriving business in a bustling commercial area. The asking price is $425,000. This is a rare chance to secure a well-positioned commercial property with excellent visibility and ample space. Don't miss this chance to secure your business's future in a prime Covington location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 2,820 SF
APN 18475
UPID US36-1319212
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
  • Advantage Financial Services - Covington Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
SCOTT PERRILLOUX
SCOTT PERRILLOUX
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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