Technical
Financial
Distress signals
Property profile

73030 La-25 Covington, LA 70435

OFF-MARKET
Land
84 ac lot
Saved · see the list in your Dashboard

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

Location

73030 La-25 Covington, LA 70435
Covington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 73030 La-25?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message