7.2 ACRES, HIGHWAY 21, COVINGTON, LOUISIANA 70433

Vacant Land for Sale
Catylist Listing ID: 30704170
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 7.20 Acres
Sale Price: $14.33 PSF
Total Price: $4,494,346
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/16/2021

Overview / Comments

Seller will finance up to 60% of the purchase price, which is firm, over 30 year amortization, 5% interest, for 36 months.
850' front feet on Highway 21, and corners also Cherokee road, Covington, La. 70433

In addition, just listed by Bryan Pigeon, adjacent to this site another 1.28 acres for $12.55 psf. or $700,000.00 for a total of 8.48 acres, with over 1,000' Front feet on Highway 21.

Great Site for:
Hospital, Medical Use
Shopping Center site,
State or Local Government Office Building in Western St. Tammany Parish
Hotel, Mini storage, Bank, Restaurant site, with multiple pad sites fronting Hwy. 21

Ownership may consider financing for right deal

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Tax ID/APN: 6038074996
Zoning: HC2
Property Located Between: I-12, Hwy. 21
Property Visibility: Excellent
Largest Nearby Street: Highway 21
Lot Frontage: 850'
Lot Depth: 425
Zoning Description: HC2
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,519 27,117 59,062
Median Age: 45.99 39.56 40.32
Households: 1,074 10,529 22,678

Contact

Photograph of Listing Agent

Bryan D Pigeon

John Sanderford & Associates, LLC Metairie, LA 70055
LACDB Member
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