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Property profile & analytics
OFF-MARKET
Land

73030 La-25 Covington, LA 70435

84 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 84-acre commercial development site presents a unique investment opportunity in Covington, Louisiana. Strategically located on Highway 25, near the intersection with Highway 190, this property enjoys high visibility and convenient access to major transportation routes. The land is zoned CR-Regional Commercial District, providing flexibility for a wide array of development possibilities. Permitted uses include commercial, multi-family, and residential projects, catering to diverse development plans. The expansive lot size offers ample space for large-scale projects, while the prime location ensures strong potential for return on investment. With a land value ranging from $2.25 to $12 per square foot, this property offers a compelling proposition for developers seeking a significant land holding in a rapidly growing area. The site's proximity to Highway 190 further enhances its accessibility and attractiveness to businesses and residents alike. Detailed zoning information and development guidelines are readily available upon request. This is an exceptional opportunity to acquire a substantial tract of land in a thriving Louisiana market. Don't miss this chance to secure a prime piece of Covington real estate. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 84 ac (3,659,040 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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