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    73030 La-25 Covington, LA 70435

    Sponsored
    For Sale
    Contact for pricing

    84 Acres, Highway 25 Frontage, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 84-acre commercial development site presents a unique investment opportunity in Covington, Louisiana. Strategically located on Highway 25, near the intersection with Highway 190, this property enjoys high visibility and convenient access to major transportation routes. The land is zoned CR-Regional Commercial District, providing flexibility for a wide array of development possibilities. Permitted uses include commercial, multi-family, and residential projects, catering to diverse development plans. The expansive lot size offers ample space for large-scale projects, while the prime location ensures strong potential for return on investment. With a land value ranging from $2.25 to $12 per square foot, this property offers a compelling proposition for developers seeking a significant land holding in a rapidly growing area. The site's proximity to Highway 190 further enhances its accessibility and attractiveness to businesses and residents alike. Detailed zoning information and development guidelines are readily available upon request. This is an exceptional opportunity to acquire a substantial tract of land in a thriving Louisiana market. Don't miss this chance to secure a prime piece of Covington real estate. Serious inquiries only.

    Property Features for 73030 La-25

    General Information

    Property type
    Land
    Lot Size
    3,659,040 SF

    HighLights

    • 84‑acre commercial development site in Covington, LA.
    • Located on Highway 25 near Highway 190.
    • Zoned CR‑Regional Commercial, allowing for diverse development options.
    • Land price: $2.25 - $12 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Covington
    County
    Saint Tammany
    State
    Louisiana
    Longitude
    -90.1085507
    Latitude
    30.5022088

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    FAQs

    What type of property is this?
    Land - 84 Acres, Highway 25 Frontage, Development Ready
    Where is this land located?
    The property is located at 73030 La-25 Covington, LA.
    What are key features of this property?
    This property features: 84-acre commercial development site in Covington, LA.; Located on Highway 25 near Highway 190.; Zoned CR-Regional Commercial, allowing for diverse development options.
    (225) 200-4180
    Request Owner's contact information
    73030 La-25 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
    73030 La-25 Covington, LA 70435
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