Commercial Land on Ronald Reagan
For Lease
Contact for pricing
1016 Ronald Reagan Hwy, Covington, LA 70433
Two development parcels serve a 288-unit apartment entrance and established neighborhood retail demand.
Space SizeContact for details
Days on Market1057
Property Features for 1016 Ronald Reagan Hwy
General Information
Standard status
Active
Property subtype
Retail
Lease Type
NNN
Building Details
Year Built
2017
Listing Agency:
Property One Inc New Orleans
(504) 681-3414
Listed By:
Hayden Ingram · License #995706888
(504) 681-3414
Source:
Lacdb.resimplifi
Added: Oct 9, 2023
Changed: Aug 30
Last Checked: Aug 30 at 1:40PM
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 New Orleans
Investment Insights
Based on property information with market context.
Commercial land positioned at the entrance to Reagan Crossing Apartments, a 288-unit complex in Covington. The offering includes a 1.52-acre lot and a separate 1.24-acre lot, with flexibility for square footage requirements and build-to-suit development.
The parcels front Ronald Reagan Highway, which records 14K+ VPD, and are surrounded by residential neighborhoods. Nearby retailers include Winn-Dixie, McDonald’s, Taco Bell, Wendy’s, PJ’s Coffee, Waffle House, CVS, and Walgreens. The setting supports consideration for QSR or small retail strip development, as identified in the property information.
The parcels front Ronald Reagan Highway, which records 14K+ VPD, and are surrounded by residential neighborhoods. Nearby retailers include Winn-Dixie, McDonald’s, Taco Bell, Wendy’s, PJ’s Coffee, Waffle House, CVS, and Walgreens. The setting supports consideration for QSR or small retail strip development, as identified in the property information.
Key Highlights
- 1.52‑acre lot and separate 1.24‑acre lot available
- Frontage on Ronald Reagan Highway with 14K+ VPD
- At the entrance to Reagan Crossing Apartments with 288 units
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
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 - Two development parcels serve a 288-unit apartment entrance and established neighborhood retail demand.
Where is this commercial land located?
The property is located at 1016 Ronald Reagan Hwy Covington, LA.
What are key features of this property?
This property features: 1.52‑acre lot and separate 1.24‑acre lot available; Frontage on Ronald Reagan Highway with 14K+ VPD; At the entrance to Reagan Crossing Apartments with 288 units
