Covington Commercial Development
For Sale
Contact for pricing
1016 Ronald Reagan Hwy, Covington, LA 70433
Land primed for retail or QSR development in Covington, Louisiana.
Property SizeContact for details
Days on Market802
Property Features for 1016 Ronald Reagan Hwy
General Information
Standard status
Active
Class
A
Property subtype
Land
Building Details
Units
288
Listing Agency:
Property One Inc
(504) 343-3428
Listed By:
Matt Taylor · License #LA 0000006690
Source:
Crexi
Added: Jun 19, 2024
Changed: Aug 26
Last Checked: Aug 26 at 8:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Property One Inc
Investment Insights
Based on property information with market context.
This property presents a development opportunity in the high-growth trade area of Covington, Louisiana. The lots are strategically positioned at the entrance to a 288-unit apartment complex and are surrounded by neighborhoods. The site is suited for a quick-service restaurant or a small retail strip.
Key Highlights
- Development opportunity in a high‑growth area of Covington, LA.
- Located at the entrance to a 288‑unit apartment complex.
- Surrounded by established neighborhoods.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Explore this area
Business Placement
Demographics for 70433, LA
41,423
Population
18,712
Households
2.2
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
48.7 sq mi
ZIP Area
851
Density / Sq Mi
$79,354
Median Household Income
$47,406
Median Earnings
$1,373
Median Rent
$316,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land primed for retail or QSR development in Covington, Louisiana.
Where is this commercial land located?
The property is located at 1016 Ronald Reagan Hwy Covington, LA.
What is the asking price?
The asking price for this property is $1,082,030.
What are key features of this property?
This property features: Development opportunity in a high‑growth area of Covington, LA.; Located at the entrance to a 288‑unit apartment complex.; Surrounded by established neighborhoods.
