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Property profile & analytics
OFF-MARKET
Land

202 Pinnacle Pkwy Covington, LA 70433

1.67 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.67-acre commercial development parcel is strategically located at 202 Pinnacle Pkwy in Covington, Louisiana, offering unparalleled access to Interstate 12. The property boasts a prime location near the bustling Hwy 21/I-12 interchange, providing exceptional visibility and convenient access for businesses. Its HC-3 Highway Commercial zoning allows for a wide range of development options, including hospitality, multi-family residential, retail, and office spaces. The site's proximity to a thriving retail node, major hospitals, and recently developed amenities such as a Costco and Ochsner hospital, ensures high traffic and strong potential for future growth. This undeveloped land presents a unique opportunity for investors and developers seeking to capitalize on the rapid expansion of this area. The parcel's address is 202 Pinnacle Pkwy, Covington, LA 70433, with an APN of 12709. The asking price for this significant development opportunity is $1,800,000. The property is situated in St. Tammany Parish and offers significant potential for a variety of commercial ventures. Its location near major transportation arteries and established businesses makes it an attractive investment for those seeking high-impact commercial development.

Property profile
Verified
Property type Land
Lot 1.67 ac (72,745 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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