Current Use by Public Records
- Land
Property Details for 516 Jefferson Ave
- Property type
- Land
Description
This exceptional 13,939 square foot commercial lot is situated in the heart of Covington, Louisiana's Central Business District (CBD), at the prominent intersection of North Jefferson Avenue and East 26th Street. Its location offers unparalleled visibility and accessibility, being directly adjacent to the St. Tammany 22nd Judicial District Courthouse. The CBD zoning allows for a wide range of commercial uses, and a drive-thru variance is a possibility, enhancing operational convenience. The property's prime location within Covington's vibrant downtown area benefits from high foot traffic, proximity to the Tammany Trace Bike Path and Covington Trailhead, and the weekly Covington Farmer's Market. Covington itself boasts a thriving economy, a growing population, and a strong community spirit, fueled by its rich heritage and numerous festivals and events. The surrounding area features a diverse mix of restaurants, shops, and entertainment venues, attracting both residents and tourists. This 0.38-acre lot presents a unique investment opportunity, priced at $550,000, or $1,718,775 per acre. The property's APN is 1060068683. This is an ideal location for businesses seeking high visibility and accessibility in a thriving Louisiana community.
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
- -90.0977
- Latitude
- 30.4791
