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Property profile & analytics
OFF-MARKET
Land

25 Near Hwy 190 Covington, LA 70435

84 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 84 ac (3,659,040 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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