$1,603,729
RENTED DEC 1, 2024

73009 Highway 25 Unit B Covington, LA 70435

-- Bed
-- Bath
2,200 Sq Ft
$729 Price per Sq Ft

Highlights

  • 1.65 Acre Lot
  • Corner Lot
  • Accessibility Features
  • Covington Elementary School Rated A-
  • Multiple cooling system units
  • Central Heating and Cooling System

About This Home

As of December 2024

Glass storefront property next to existing McDonald’s is 2200 SF of vacant
space. 2 ADA bathrooms, and is ready for tenant's flooring. Discounted rent rate for the first year:
2200 SF @ $1466 + $1027 NNN = $2,493 per month for the first year.

Last Agent to Rent the Property

Brent Cordell

KPG Realty, LLC License #995690890 Listed on: 08/31/2020

Last Renter's Agent

Brent Cordell

KPG Realty, LLC License #995690890 Listed on: 08/31/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $14,057

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • 1.65 Acre Lot
  • Corner Lot
  • Zoning described as HC2

Parking

  • Parking Lot

Home Design

  • Slab Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System

Additional Features

  • Accessibility Features
  • City Lot

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Security Deposit $2,493
  • Tenant pays for all utilities, insurance, janitorial service, taxes
  • Assessor Parcel Number 7043573009HIGHWAY25HY999

Property Details

Property Type

Other

Est. Annual Taxes

$14,057

Year Built

Built in 2000 | Remodeled

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Insurance, Janitorial Service, Taxes
  • Security Deposit: 2493.0

Listing Details

  • Property Sub Type: Office
  • Prop. Type: Commercial Lease
  • Lot Size Acres: 1.65
  • Lot Size: 1.65 acres
  • Co List Office Mls Id: KELW01
  • Subdivision Name: Not a Subdivision
  • Directions: Corner of HWY 190 & HWY 25
  • New Construction: No
  • Year Built Details: Resale,Remodeled structural changes - all major mechanical systems i.e. HVAC
  • Year Built: 2000
  • Property Sub Type Additional: Office,Retail
  • Special Features: None
  • Year Built: 2000

Interior Features

  • Accessibility Features: Accessibility Features
  • Living Area: 2200.0
  • Stories: 1

Exterior Features

  • Lot Features: 1 to 5 Acres, Corner Lot, City Lot
  • Construction Type: Concrete
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled, Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 7043573009HIGHWAY25HY999
  • Zoning Description: HC2
  • Zoning: HC2
  • ResoLotSizeUnits: Acres

Multi Family

  • Leasable Area: 2200.0

Tax Info

  • Tax Lot: 999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2017
Sold by
Kitterman Covington Llc
Bought by
73009 Highway 25 Llc
Current Estimated Value
$1,603,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Outstanding Balance
$102,740
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,500,989
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
73009 Highway 25 Llc $1,050,000 Top Tier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 73009 Highway 25 Llc $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2024 12/01/24 Rented $1,466 0.0% --
04/13/2023 04/13/23 Price Changed $1,466 -20.0% $1 / Sq Ft
08/31/2020 08/31/20 For Rent $1,833 -- --
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 $14,057 $87,384 $0 $87,384
2023 $14,057 $128,178 $40,794 $87,384
2022 $1,517,117 $128,178 $40,794 $87,384
2021 $15,148 $128,178 $40,794 $87,384
2020 $15,190 $128,178 $40,794 $87,384
2019 $15,174 $122,979 $57,977 $65,002
2018 $15,193 $122,979 $57,977 $65,002
2017 $16,762 $134,354 $57,977 $76,377
2016 $16,841 $134,354 $57,977 $76,377
2015 $18,547 $144,169 $55,480 $88,689
2014 $18,366 $144,169 $55,480 $88,689
2013 -- $144,169 $55,480 $88,689
Source: Public Records

Agents Affiliated with this Home

  • Brent Cordell

    Landlord's Agent in 2024

    Brent Cordell

    KPG Realty, LLC

    (985) 373-6417

    50 in this area

    158 Total Sales

    Brent Cordell
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Map

Source: ROAM MLS

MLS Number: 2267466

APN: 21957

Louisiana St Tammany Parish Covington 70433

73009 Highway 25 Unit B, Covington, LA

This home is located at 73009 Highway 25 Unit B, Covington, LA 70435 since 31 August 2020 and is currently priced at $1,603,729. This property was built in 2000. 73009 Highway 25 Unit B is a home located in St. Tammany Parish with nearby schools including Covington Elementary School, Pine View Middle School, and William Pitcher Junior High School.

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