For Sale
$312,325

15505 Ronald Reagan HwyCovington, LA 70433

2.39 Acres, C-2 Zoning, $312,325

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2.39-acre commercial parcel is ideally situated on Highway 190 in Covington, Louisiana, boasting a prime location with high visibility and strong traffic counts. Zoned C-2 Highway Commercial, this property offers a multitude of development opportunities, including retail, office, medical, or industrial uses. The site is conveniently located near a new Dollar General, Covington High School, and recreational fields, ensuring high foot and vehicle traffic. The City of Covington has indicated willingness to allow sewer connection, subject to use and capacity. This lot is part of a larger 8.279-acre tract, and the seller is open to subdividing, offering flexibility for various project sizes. The asking price is $312,325, representing a price per acre of $130,680. Owner financing is available, making this an attractive investment opportunity for developers and businesses seeking a strategic location along the thriving Highway 190 corridor in North Covington. The property is approximately 0.5 miles west of Covington High School. A mock site plan with proposed lots is available, though modifications are possible. The price per square foot is $3.

Highlights

  • $312,325 asking price for 2.39 acres of C-2 Highway Commercial zoned land.
  • Located at 15505 Ronald Reagan Hwy, Covington, LA 70433.
  • Land value: $130,680/acre; $3/sq ft.
  • Suitable for various uses including industrial, retail, office, and medical.
  • Owner financing and subdivision options available.

Property Details for 15505 Ronald Reagan Hwy

Property type
Land, Industrial properties
Lot Size (sq. ft)
104,108 SF

Location Insight

City
Covington
County
St Tammany Parish
State
Louisiana
Latitude
30.49297
Longitude
-90.1428928
15505 Ronald Reagan Hwy, Covington, Louisiana

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15505 Ronald Reagan Hwy
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