Current Use by Public Records
- Land
Property Details for 15507 Ronald Reagan Hwy
- Lot size
- 1.09 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This 1.09-acre commercial/industrial lot in Covington, Louisiana, is ideally situated on Highway 190, boasting high visibility and traffic counts. Zoned C-2, it offers diverse development potential, including retail, office, medical, or light industrial uses. The property is conveniently located near a new Dollar General, Covington High School, and recreational fields, ensuring strong community presence and accessibility. The City of Covington has indicated willingness to allow sewer tie-in, subject to usage and capacity. This parcel is part of a larger 8.279-acre site, offering flexibility for expansion or subdivision. The asking price is $166,181, representing a price per acre of $152,460 and a price per square foot of $3.50. Owner financing is available, and the seller is open to subdividing the property to meet specific needs. A mock site plan is available, showcasing potential lot configurations, though these are subject to change. This prime location presents a unique opportunity for businesses seeking high visibility and convenient access along a thriving commercial corridor. The property is fully delineated and ready for development.
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
- -90.1649
- Latitude
- 30.4938
