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    1016 Ronald Reagan Hwy Covington, LA 70433
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    Property profile & analytics

    1016 Ronald Reagan Hwy, Covington, LA 70433

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    • Commercial real estate
    Covington Commercial Development Opportunity For Sale
    $1,082,030

    Covington Commercial Development Opportunity

    Land primed for retail or QSR development in Covington, Louisiana.

    1016 Ronald Reagan Hwy, Covington, LA 70433
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    Property ID
    US36-1690497
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Reagan Crossing / Apartment Complex / Apartment Building

    Property Details for 1016 Ronald Reagan Hwy

    Property type
    Commercial real estate

    Description

    This exceptional 1.24 to 1.52-acre commercial land parcel presents a prime development opportunity in Covington, Louisiana. Located at 1016 Ronald Reagan Hwy, this Class A property boasts a strategic location at the entrance to a substantial 288-unit apartment complex, ensuring high visibility and convenient access for potential customers. The site is also surrounded by established residential neighborhoods, providing a built-in customer base for any retail or quick-service restaurant (QSR) development. The property is zoned for commercial use and is ideal for a single-tenant building. Given its size and location, this land offers significant potential for developers seeking to capitalize on the thriving Covington market. The property is classified as Retail and Land, with a Commercial, QSR subtype. The single-tenant designation allows for streamlined development and management. The absence of an existing building provides a blank canvas for a custom-designed structure tailored to the specific needs of a QSR or small retail establishment. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly expanding area of St. Tammany Parish, Louisiana, with a 70433 zip code. The property's location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking to establish a strong presence in this dynamic market.


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    Location Insight

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    • Local Demand
    City
    Covington
    County
    St Tammany Parish
    State
    Louisiana
    Longitude
    -90.1123162
    Latitude
    30.4990165
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    More about this property
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