Listing Agency: Property One Inc New Orleans

Listed By: Hayden Ingram · License #995711243 Show Phone

Source: Lacdb.resimplifi

Added: Mar 19, 2024 Changed: Oct 13 Last Checked: Oct 12 at 4:40PM

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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

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Current Use

Reagan Crossing Apartment Complex

Suggested Use

Top Pick Dental Office Real Estate Agency Hair Salon Nail Salon Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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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 $1,082,025.

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.