0 27Th Ave Covington, LA 70433
This exceptional 10.46-acre commercial land parcel presents a unique investment opportunity in Covington, Louisiana. Located at W 27th Ave, 70433, this property boasts a strategic location directly across the street from Pine View Middle School, ensuring high visibility and accessibility. The asking price is $178,000, translating to an attractive price per acre of $17,017. The land's commercial zoning offers a wide range of development possibilities, making it ideal for various ventures. Its substantial size provides ample space for large-scale projects or the potential for subdivision into smaller lots. The property's prime location in St. Tammany Parish, coupled with its proximity to a well-established school, makes it an exceptionally desirable site for businesses seeking high foot traffic and a strong community presence. Detailed site surveys and environmental reports are available upon request. This is a rare opportunity to acquire a significant commercial land holding in a thriving Louisiana community. The list price per square foot is $0.39. Don't miss this chance to secure a valuable asset in a rapidly growing market.
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.