25 Near Hwy 190 Covington, LA 70435
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.