73030 La-25 Covington, LA 70435
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.