Falconer Dr Covington, LA 70433
- Land
- 1.32 lot acres
Current Use by Public Records
- Land
Property Details for 0 Falconer Dr
- Lot size
- 1.32 lot acres
- Property type
- Land
Description
This exceptional 3.96-acre commercial land parcel, located in Covington, Louisiana, presents a unique investment opportunity. Situated on Falconer Drive, directly behind Lowe's and near other major retailers, this property boasts a prime location with high visibility and accessibility. Zoned NC-4, it's ideally suited for retail, office, or multi-family development. The site benefits from central water and sewer access and is located in Flood Zone X. The property is comprised of three contiguous parcels (Squares 29, 30, and 156), offering flexibility for various development scenarios. Individual parcels are available for purchase at varying prices per square foot, with the entire 3.96-acre site offered at $5 per square foot for a total of $864,000. The seller will also consider ground lease options. The property's strategic location, coupled with the potential for subdivision or rezoning, makes it an attractive proposition for developers seeking a high-impact project in a thriving commercial area. Note that undeveloped streets may be subject to parish approval. The APN is 1070114707. The property's address is Falconer Dr, Covington, LA 70433.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Covington
- County
- St. Tammany Parish
- State
- Louisiana
- Longitude
- -90.0776
- Latitude
- 30.4496
