Medical Research District
For Sale
$350,000
5TH Avenue, Covington, LA 70433
Vacant Land, Covington, LA
Property SizeContact for details
Lot Size8.07 Acres
Days on Market52
Property Features for 5TH Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MRD
Subdivision
Not a Subdivision
Lot features
6-10 Acres
Standard status
Active
Lot size
8.07 Acres
Taxes and HOA fees
Tax Description
AS PER TITLE
Legal Description
AS PER TITLE
Utilities
Water source
Public
Listing Agency:
Galiano Realty
(504) 256-6311
Listed By:
Rachel Silvers · License #995694275
(504) 475-4775
Added: Jul 21
Changed: Aug 21
Last Checked: Sep 10 at 9:06AM
MLS# 2568698
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This vacant commercial land comprises approximately 8.07 acres at 5TH Avenue in Covington, Louisiana. The property carries MRD zoning, identified as Medical Research District, and is suited to development concepts involving medical, professional office, research, educational, veterinary, and related commercial uses as supported by the zoning description. Public water service is available.
The site is in St. Tammany Parish and offers access to major roadways, with the heart of Covington only minutes away. Its acreage provides room to evaluate multi-building, parking, expansion, or campus-style arrangements within a single tract. The property is located in ZIP Code 70433.
The site is in St. Tammany Parish and offers access to major roadways, with the heart of Covington only minutes away. Its acreage provides room to evaluate multi-building, parking, expansion, or campus-style arrangements within a single tract. The property is located in ZIP Code 70433.
Key Highlights
- Approximately 8.07‑acre commercial land tract
- MRD zoning: Medical Research District
- Potential uses include medical, professional office, research, educational, veterinary, and related commercial applications
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
234
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant commercial land with MRD zoning and public water service in Covington.
Where is this commercial land located?
The property is located at 5TH Avenue Covington, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Approximately 8.07‑acre commercial land tract; MRD zoning: Medical Research District; Potential uses include medical, professional office, research, educational, veterinary, and related commercial applications
