Current Use by Public Records
- Land
Property Details for US 190 Ronald Reagan Hwy
- Lot size
- 8.28 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 8.279-acre commercial and industrial land parcel is ideally situated on the bustling Ronald Reagan Highway (US-190) in Covington, Louisiana, zip code 70433, within St. Tammany Parish. The property boasts a prime location with high visibility and strong traffic counts, making it perfect for a variety of uses. Currently zoned HC-2, the land offers significant development potential. The asking price is $800,605, with a land value ranging from $2.22 to $3.53 per square foot. The seller is open to subdividing the property, with a mock site plan available showing potential lot divisions (2.18 acres, 1.63 acres, 2.39 acres, and 1.09 acres). Lot sizes shown exclude setbacks. The City of Covington has verbally agreed to allow a sewer tie-in, subject to usage and capacity. This advantageous location is near a new Dollar General, a high school, and recreational fields, further enhancing its appeal. Owner financing is available. The property is conveniently located 0.5 miles west of Covington High School on the Highway 190 bypass. Numerous potential uses include, but are not limited to: industrial uses (small business park or large single site), retail (C-1 or C-2 zoned), auto services, restaurants (drive-thru), office spaces (C-1 or C-2 permitted), medical facilities, and flex offices (under 40,000 sq ft). This is a rare opportunity to acquire a substantial tract of land in a rapidly growing area.
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
- -90.1435
- Latitude
- 30.4924
