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    25 Near Hwy 190 Covington, LA 70435

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial/Residential Land in Covington, LA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 84-acre property presents a unique investment opportunity in Covington, Louisiana. Located near the intersection of Highway 25 and Highway 190 South in St. Tammany County, this expansive tract boasts approximately 1,500 feet of highway frontage, providing unparalleled visibility and accessibility. Zoned CR - Regional Commercial, the land allows for a diverse range of commercial and multi-family residential developments, catering to a variety of project visions. The flexible zoning opens doors to numerous possibilities, from large-scale retail centers and mixed-use complexes to smaller, strategically positioned commercial buildings. Pricing is structured to accommodate various project sizes. Smaller parcels with highway frontage are priced between $7.50 and $25.00 per square foot. Larger tracts are available and pricing is negotiable, offering flexibility for substantial development plans. This prime location in a thriving area of St. Tammany Parish, with its 70435 zip code, presents an exceptional chance to capitalize on the region's growth and create a significant return on investment. The property's size and zoning make it ideal for developers seeking a substantial land holding with high development potential. Serious inquiries are encouraged.

    Property Features for 25 Near Hwy 190

    General Information

    Property type
    Land
    Lot Size
    3,659,040 SF

    HighLights

    • 84‑acre commercial land parcel in Covington, LA, near the intersection of Hwy 25 and Hwy 190.
    • Approximately 1,500 feet of highway frontage.
    • CR (Regional Commercial) zoning allows for diverse commercial and multi‑family development.
    • Pricing: $7.50-$25.00/SF for smaller highway frontage parcels; larger tracts negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Covington
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -90.1734813
    Latitude
    30.5917554

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land in Covington, LA
    Where is this land located?
    The property is located at 25 Near Hwy 190 Covington, LA.
    What are key features of this property?
    This property features: 84-acre commercial land parcel in Covington, LA, near the intersection of Hwy 25 and Hwy 190.; Approximately 1,500 feet of highway frontage.; CR (Regional Commercial) zoning allows for diverse commercial and multi-family development.
    (504) 915-5082
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    25 Near Hwy 190 Covington, LA 70435
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    Covington, LA 70435
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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
    25 Near Hwy 190 Covington, LA 70435
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