Current Use by Public Records
- Land
Property Details for 15501 Ronald Reagan Hwy
- Lot size
- 2.18 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 2.18-acre commercial/industrial lot is ideally situated on Highway 190 in Covington, Louisiana, offering unparalleled visibility and accessibility. Zoned C-2, this property presents a multitude of development opportunities, including retail, office, and light industrial uses. The site boasts strong traffic counts and is conveniently located near a new Dollar General, Covington High School, and recreational fields. City sewer connection is verbally approved by the City of Covington, contingent upon usage and capacity. The seller is open to subdividing, and a mock site plan with proposed lots is available, subject to modification. This prime location along the growing Highway 190 corridor presents a unique investment opportunity. The asking price is $284,882, with owner financing available. The property is part of a larger 8.279-acre parcel, offering potential for expansion or further development. The price per square foot is $3.00, and the price per acre is $130,680. This property is fully delineated and ready for your vision. The address is 15501 Ronald Reagan Hwy, Covington, LA 70433. The property is approximately 0.5 miles west of Covington High School. Potential uses include, but are not limited to, retail establishments (drive-thru restaurants, drug stores, dry cleaners), office spaces (flex offices under 40,000 sq ft, medical clinics), and light industrial businesses.
Value Estimations
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AI approach
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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
- -90.1435
- Latitude
- 30.4924
