NOT LISTED FOR SALE

71040 Highway 21 Covington, LA 70433

Estimated Value: $1,254,000

-- Bed
2 Baths
12,000 Sq Ft
$104/Sq Ft Est. Value

Highlights

  • Accessibility Features
  • Central Heating and Cooling System
  • Rectangular Lot
  • Covington Elementary School Rated A-
  • Property is in very good condition

About This Home

As of August 2013

RARE OPPORTUNITY FOR A 12,000 SQFT OFFICE/RETAIL TENANT OR LARGER IN THE HEART OF THE HWY 21 CORRIDOR, NORTH OF INTERSTATE 12. LOCATED ACROSS THE STREET FROM WALGREENS AND NEXT TO THE NEW CVS PHARMACY, THIS OFFICE BUILDING IS IN GREAT CONDITION AND HAS 76 PARKING SPACES. AVAILABLE FOR OCCUPANCY. TRIPLE NET LEASE AT $12.50 PSF ANNUALLY. BUILDING CAN BE SUBDIVIDED DOWN TO 3,000 SQ FT. TENANT IMPROVEMENTS ARE NEGOTIABLE. ALSO FOR SALE

Last Agent to Rent the Property

Mi Mi Montagnet Bankston

The McEnery Company License #000077785 Listed on: 10/15/2012

The McEnery Company

Last Renter's Agent

Mi Mi Montagnet Bankston

The McEnery Company License #000077785 Listed on: 10/15/2012

The McEnery Company

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $17,120

Year Built

  • 2013

Lot Details

  • Rectangular Lot
  • Property is in very good condition

Parking

  • Parking Lot

Interior Spaces

  • 2 Full Bathrooms
  • 12,000 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System
  • Treatment Plant

Additional Features

  • Accessibility Features
  • City Lot

Listing and Financial Details

  • Security Deposit $22,000
  • Tenant pays for all utilities, electricity, insurance, taxes, water
  • Assessor Parcel Number 7043371040HIGHWAY21HY

Community Details

Overview

  • Flower Estates Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Property Type

Other

Est. Annual Taxes

$17,120

Year Built

2013

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Electricity, Insurance, Taxes, Water
  • Security Deposit: 22000.0

Listing Details

  • Property Sub Type: Office
  • Prop. Type: Commercial Lease
  • Subdivision Name: Flower Estates
  • Year Built Details: 10
  • Property Sub Type Additional: Office
  • Special Features: None
  • Year Built (Public Record): 2013

Interior Features

  • Accessibility Features: Accessibility Features
  • Full Bathrooms: 2
  • Living Area: 12000.0
  • Stories: 1

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Property Condition: Very Good Condition

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Treatment Plant
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No, No Pet Restrictions

Lot Info

  • Parcel #: 7043371040HIGHWAY21HY
  • ResoLotSizeUnits: Acres

Multi Family

  • Leasable Area: 12000.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2013 08/20/13 Rented $15,000 +20.0% --
07/21/2013 07/21/13 Under Contract -- -- --
10/15/2012 10/15/12 For Rent $12,500 -- --
Source: ROAM MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,120 $109,099 $0 $109,099
2023 $17,120 $144,438 $35,339 $109,099
2022 $1,709,568 $144,438 $35,339 $109,099
2021 $17,070 $144,438 $35,339 $109,099
2020 $17,117 $144,438 $35,339 $109,099
2019 $16,337 $132,402 $45,980 $86,422
2018 $16,357 $132,402 $45,980 $86,422
2017 $16,518 $132,402 $45,980 $86,422
2016 $16,597 $132,402 $45,980 $86,422
2015 $16,300 $126,700 $44,000 $82,700
2014 $16,140 $126,700 $44,000 $82,700
2013 -- $126,700 $44,000 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 930685

APN: 17778