Versailles Business Center

Vacant Land for Sale
Catylist Listing ID: 29819607
Property Subtypes: Office, Retail, Retail-Pad, Other
Gross Land Area: 54.25 Acres
Sale Price: $8 - 10 PSF
Total Price: $18,905,040 - 23,631,300
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 11/15/2017

Overview / Comments

This new central business park, the Versailles Center, is located on the North Shore in Covington in the NW Quadrant of I-12 and Hwy 190. The Versailles Center is an approved PUD that has been created by the extension of Holiday Square Blvd from it's former terminus behind Honda of Covington North to Holiday Blvd. Phase I consists of 9 lots ranging in size from 2 to10 acres. Phase II consists of an additional 23.85 acres yet to be developed. See attachments for lot availability, layout, size, and restrictions. For additional information visit www.versaillescenter.com

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Taxing Authority: St. Tammany Parish and City of Covington
Zoning: PUD
Market Type: Medium
Property Located Between: Holiday Square Blvd and Holiday Blvd on the North side of I-12 and W. of Hwy 190
Side of Street: West
Road Type: Highway
Property Visibility: Excellent
Legal Description: Section 15 & 16 Township 7 S, Range ll E St. Tammany Pareish
Largest Nearby Street: 1-12 and Hwy 190
Transportation: Highway
Highway Access: Hwy 190
Airports: MSY
Site Description: St. Tammany Parish approved Commercial PUD
Area Description: The site is bordered by retail, entertainment, hospitality, auto dealerships, office and single family subdivisions.
Lot Frontage: 250' - 450'
Lot Depth: 350'-700'
Zoning Description: Approved PUD allowing for building up to 100' tall
Development Name: Versailles Business Center
Topography: Level
Easements: Utilities, Other
Easements Description: Drainage and Utility Easement per STP approved plans
Soil Type: Loam
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,021 34,393 80,420
Median Age: 37.02 41.51 39.81
Households: 2,681 13,124 30,337
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