For Sale
$213,008

15503 Ronald Reagan HwyCovington, LA 70433

1.63 Acres, C-2 Zoning, Owner Financing

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.63-acre commercial/industrial lot is ideally situated on Highway 190 in Covington, Louisiana, offering unparalleled visibility and accessibility. Zoned C-2 Highway Commercial, this property presents a multitude of development opportunities, including retail, office, and various commercial uses. The site boasts strong traffic counts and is conveniently located near a new Dollar General, Covington High School, and recreational fields, ensuring high visibility and convenient access for potential businesses. The City of Covington has verbally approved sewer tie-in, contingent upon usage and capacity. This parcel is part of a larger 8.279-acre tract that is fully delineated and available for purchase, with the seller open to subdividing. A mock site plan with proposed lots is available, and modifications can be made to suit individual needs. The asking price is $213,008, reflecting a price per acre of $130,680. Owner financing is available, making this an attractive investment opportunity for a wide range of businesses. The property's location on the Highway 190 bypass, just 0.5 miles west of Covington High School, ensures high traffic volume and excellent exposure. This prime location offers a unique chance to establish a thriving business in a rapidly growing area. The price per square foot is $3.

Highlights

  • Industrial zoning.
  • Small industrial park setting.
  • Large single-site industrial opportunity.
  • Retail zoning (C-1 or C-2).
  • Permitted retail uses include auto services, parts, and similar businesses.
  • Suitable for business, school, or institutional use.

Property Details for 15503 Ronald Reagan Hwy

Property type
Land, Industrial properties
Lot Size (sq. ft)
71,003 SF

Location Insight

City
Covington
County
St Tammany Parish
State
Louisiana
Latitude
30.4930038
Longitude
-90.1434053
15503 Ronald Reagan Hwy, Covington, Louisiana

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15503 Ronald Reagan Hwy
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