FALCONER Dr - Commercial LAND FOR SALE


Covington, LA 70433 172,498 SF
$864,000 USD
985-629-3500
FALCONER Dr, Covington, LA for Sale
$864,000 USD
Commercial LAND - FOR SALE
1/12
172,498 SF

FALCONER Dr
Covington, LA 70433


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)

OVERVIEW

NEWLY REDUCED FOR 2021! 3 contiguous squares of property fronting Falconer Dr./Crestwood Dr. - offered together at $5/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. - 3.96 acres of NC-4 land at corner of Falconer Dr./Crestwood Dr. directly behind Lowe's - Ideal for retail, office, multi-family - Possible subdivision or rezoning available - Flood Zone X - Square 156 can be purchased separately for $7 PSF ($403,200) - Squares 29 can be purchased separately for $6 PSF ($345,600) - Square 30 can be purchased separately for $4 PSF ($230,400) - Together all parcels can be purchased for $5 psf or ($864,000)

FOR SALE DETAILS

PRICE

$864,000 USD

PRICE/ACRE

$218,181/AC

PRICE/SF

$5 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

3.96-Acre Retail/Office/Multi-Family Site in

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Multi-Family, Restaurant, Storefront Retail/Residential

LAND ACRES

3.96 AC

LAND SF

172,498 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

NC-4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brent CordellKPG Realty - The Cordell Eustis GroupMore Info
985-629-3500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Brent CordellKPG Realty - The Cordell Eustis GroupMore Info
985-629-3500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.