Covington Commons 84 Acres +/- Commercial Land

Vacant Land for Sale
Catylist Listing ID: 30284340
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 84 Acres
Sale Price: $6 - 20 PSF
Total Price: $21,954,240 - 73,180,800
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 2/19/2024

Overview / Comments

This tract consists of approximately 84 acres located on Highway 25 in Covington, LA near the intersection with Highway 190. The property is zoned CR-Regional Commercial which allows for a broad range of commercial, multi-family and residential development.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Taxing Authority: City of Covington
Tax ID/APN: 028e5a68-6512-4028-988a-ac04e0c66778
Zoning: CR - REGIONAL COMMERCIAL
Property Located Between: US 190 & Airport Road
Property Visibility: Excellent
Legal Description: An assemblage of parcels known as Covington Commons located in Section 45, Township 6 South, Range 11 East of the Greensburg Land District, City of Covington, St. Tammany Parish, Louisiana containing 84 acres, more or less.
Largest Nearby Street: Louisiana State Highway 25
Feet of Frontage: 1,500
Traffic/Vehicle Count: 21,000
Highway Access: LADOTD improvements (approved) will include replacing traffic signal to traffic circle at intersection of LA 25 & 190.
Airports: None in vicinity; MSY (Armstrong) is 36 miles SW of site. Drive path is 73 miles via Hammond and 43 miles via Metairie or 72 & 54 minutes driving, respectively.
Site Description: Vacant land zoned commercial with highway frontage out-parcels available.
Area Description: Northern Half of City of Covington and Suburban northwest St. Tammany Parish. Some retail and light industrial with new homes (SF & MF) in the immediate vicinity.
Lot Frontage: 1500
Lot Depth: Varies
Zoning Description: CR - Regional Commercial https://library.municode.com/la/covington/codes/code_of_ordinances?nodeId=PTIICOOR_APXBCOZOOR2010_PT3USDI_S3.18EGCO
Part of Planned Development?: Yes
Development Name: Covington Commons
Topography: Level
Easements: Other
Easements Description: Available
Available Utilities: Electric, Water, Sewer, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,353 15,571 46,472
Median Age: 32 41.39 38.79
Households: 916 6,143 17,719

Contact

Photograph of Listing Agent

Tom Maraist

Baton Rouge, LA
LACDB Member
Photograph of Listing Agent

Michael Pou

Talbot Realty Group
Baton Rouge, LA
LACDB Member
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