Penn Mill Rd Covington, LA 70435
- Land
- 63.88 lot acres
Current Use by Public Records
- Land
Property Details for 0 Penn Mill Rd
- Lot size
- 63.88 lot acres
- Property type
- Land
Description
This exceptional 63.88-acre commercial land parcel in Covington, Louisiana, presents a unique investment opportunity. Located on Penn Mill Rd with significant frontage on Hwy 190 (320 feet) and over 2400 feet on Penn Mill Rd, this property is zoned A-1A and offers excellent potential for rezoning. Approximately 4 acres could be rezoned as HC2, allowing for a mixed-use residential and commercial development. The majority of the land falls within Flood Zone C. Its strategic location provides easy access to the amenities of downtown Covington (2.4 miles), including a variety of shopping and dining options, and is conveniently situated just 6 miles from I-12. The property's size and highway frontage make it ideal for a variety of development projects. The APN is 1070104167. Covington, a charming town with approximately 10,000 residents, boasts a rich blend of cultural attractions and natural beauty, situated 40 miles north of New Orleans on the Northshore of Lake Pontchartrain. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area. The asking price is $900,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Covington
- County
- St. Tammany Parish
- State
- Louisiana
- Longitude
- -90.1499
- Latitude
- 30.5038
