15505 Ronald Reagan HwyCovington, LA 70433
- Other commercial real estate
- 2.39 AC
Property Details for 15505 Ronald Reagan Hwy
- Lot size
- 2.39 AC
- Property type
- Other commercial real estate
- Property subtype
- Multifamily properties
Description
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.
Location Insight
- City
- Covington
- County
- St Tammany Parish
- State
- Louisiana
- Latitude
- 30.493
- Longitude
- -90.1429
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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