Hwy 21 Covington, Covington, LA 70435

Listing office Corporate Realty j***@corp-realty.com Show Phone

Listing date Dec 14, 2023

Source Crexi

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Overview

This site, located at the northeast corner of Highway 21 and Pinnacle Parkway, offers a development opportunity within a rapidly growing commercial corridor. The parcel is bounded by Pinnacle Parkway to the southwest and Highway 21 to the northwest, with Highway 21 seeing a traffic volume of 21,612 vehicles per day. Interstate 12, which experiences 74,375 vehicles per day, is situated just south of the parcel. The intersection of Highway 21 and Pinnacle Parkway is fully signalized. The site is positioned along the main entrance to a retail center that includes Kohl’s, Hobby Lobby, Academy Sports, and Petco. A 159,000-square-foot Costco is currently under construction in the same retail center. Furthermore, Our Lady of the Lake is scheduled to begin construction on a medical facility in 2024 on the land between this site and the Costco.

Suggested Use

Travel Agency Arcade & Gaming Center Tattoo & Piercing Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tanning Salon Farmer's Market Car Rental Facility Restaurant Parking Lot & Garage

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

Location Insight

• Map
• Local Demand

City

Covington

County

St. Tammany

State

Louisiana

Longitude

-90.09301

Latitude

30.479683

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FAQs

What type of property is this?

Commercial land - Prime commercial land for development in high-traffic area.

Where is this commercial land located?

The property is located at Hwy 21 Covington Covington, LA.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: High‑traffic location: Situated at the intersection of Highway 21 and Pinnacle Parkway, with close proximity to I‑12.; Strategic placement: Located at the main entrance to a retail center anchored by major tenants.; Future Costco proximity: Adjacent to a 159,000‑sf Costco currently under construction.