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    721 N Monroe St Covington, LA 70433

    Under Contract
    For Sale
    $69,000

    Vacant Land - Covington, LA

    Lot size:
    0.19 Acres
    Days on Market:
    47
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 721 N Monroe St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Co
    Lot size
    0.19 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Realty Services (985) 727-7000 [email protected]

    Listing agent Gregg Tepper (985) 727-7000

    Listing date Oct 28, 2025

    MLS# 2500167 Listing URL

    Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Covington Vacant Land For Sale

    This vacant corner lot is located in Old Covington and is zoned CO, permitting commercial office space, duplex multi-family, and single-family residential use. The lot is mostly cleared and measures 0.1928 acres. Some old concrete slabs remain on the property. The location is two blocks from the courthouse, presenting opportunities in Old Covington.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -90.098396
    Latitude
    30.482357

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    FAQs

    What type of property is this?
    Commercial land - Vacant corner lot in Old Covington, zoned CO.
    Where is this commercial land located?
    The property is located at 721 N Monroe St Covington, LA.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: - Zoned CO, permitting commercial office, duplex multi-family, and single-family residential use.; - Large corner lot.; - Located in Old Covington.
    (985) 727-7000
    Request Owner's contact information
    721 N Monroe St Covington, LA 70433
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    Covington, LA 70433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    721 N Monroe St Covington, LA 70433
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