Highway 21 Covington, LA 70435
- Land
- 1.71 lot acres
Current Use by Public Records
- Land
Property Details for 0 Highway 21
- Lot size
- 1.71 lot acres
- Property type
- Land
Description
This exceptional 1.71-acre commercial land parcel presents a prime development opportunity in Covington, Louisiana. Strategically located at the northeast corner of Highway 21 and Pinnacle Parkway, this site boasts exceptional visibility and accessibility. Highway 21 sees 21,612 vehicles per day, while the heavily trafficked Interstate 12 (74,375 vpd) is conveniently located just south of the property. The intersection of Highway 21 and Pinnacle Parkway features a fully signalized traffic light. This location offers immediate proximity to a thriving retail center anchored by established businesses such as Kohl's, Hobby Lobby, Academy Sports, Petco, and a 159,000-square-foot Costco currently under construction. Further enhancing the area's appeal, Our Lady of the Lake is slated to begin construction on a new medical facility in 2024 on adjacent land. This property's high traffic counts, strategic location within a rapidly growing commercial corridor, and proximity to major retailers and a future medical facility make it an exceptional investment opportunity. The asking price for this remarkable development site is $1,900,000. The property is situated in St. Tammany Parish, Louisiana, with a zip code of 70435.
Value Estimation
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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
- -90.1375
- Latitude
- 30.4499
