3.96-Acre Retail/Office/Multi-Family Site in
3.96 Acres of Commercial Land Offered at $864,000 USD in Covington, LA 70433
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $864,000
- Property Type
-
Land
Listing Contacts
Brent Cordell
Verified Profile
- Property Info
Property Overview
3 contiguous squares of property fronting Falconer Dr./Crestwood Dr. - offered together at $7/PSF Entire property is 3.96 acres. Zoned NC-4, this property is directly behind Lowe's and in vicinity of other big box retailers in Covington. Central water/sewerage in area. Flood Zone X. Nearby area includes big box retailers, multi-family, and office/commercial properties. Squares 29/30 and Sq. 156 can be sold separately. OWNERS WILL CONSIDER A GROUND LEASE ON PROPERTY.
Falconer Dr. allows travel between Park Place Dr. (Home Depot) - behind Walmart SuperCenter - to Crestwood Blvd (Lowe's) and continues to the subdivisions of Harrison Ave. Multiple residential and commercial developments in the immediate area. Possible subdivision and/or rezoning for development available. Undeveloped streets may be revoked with parish approval.
Falconer Dr. allows travel between Park Place Dr. (Home Depot) - behind Walmart SuperCenter - to Crestwood Blvd (Lowe's) and continues to the subdivisions of Harrison Ave. Multiple residential and commercial developments in the immediate area. Possible subdivision and/or rezoning for development available. Undeveloped streets may be revoked with parish approval.
Property Details
- Property Subtype
- Commercial
Highlights
- 3.96 acres of NC-4 land at corner of Falconer Dr./Crestwood Dr. directly behind Lowe's
- Ideal for retail, office, or multi-family
- Possible subdivision or rezoning available
- Flood Zone X
- Square 156 can be purchased separately for $10 PSF ($576,000)
- Squares 29 & 30 can be purchased separately for $6 PSF ($691,200)
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