73032 La-25Covington, LA 70435

Property Details for 73032 La-25

Lot size

1.27 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 1.267-acre commercial development site presents a lucrative investment opportunity in Covington, Louisiana. Located at 73032 LA-25, this parcel is strategically positioned as an outparcel of the thriving Covington Commons, a 70+ acre mixed-use development situated on Highway 25 near the intersection with Highway 190. The property benefits from a CR-Regional Commercial zoning designation, enabling a wide array of development possibilities, including commercial, multi-family, and residential uses. Its prime location offers excellent visibility and accessibility, situated just four parcels from the intersection following Walgreens, Wendy's, and Pelican Pointe car wash. The Covington Commons master plan incorporates a grocery anchor and a significant single-family residential development, further enhancing the area's growth potential. This site is ideally suited to capitalize on the expanding residential market of Northwest St. Tammany Parish, serving the substantial business activity at this high-traffic intersection. The land is priced at $17 per square foot, totaling $740,000. This represents a compelling opportunity to acquire a highly desirable commercial property in a rapidly growing area. The property's location and zoning provide exceptional flexibility for a variety of development projects.

Location Insight

City

Covington

County

St Tammany Parish

State

Louisiana

Latitude

30.502

Longitude

-90.1087

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