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FALCONER Dr - 3.96-Acre Retail/Office/Multi-Family Site in 3.96 Acres of Commercial Land Offered at $864,000 in Covington, LA 70433
INVESTMENT HIGHLIGHTS
- 3.96 acres of NC-4 land at corner of Falconer Dr./Crestwood Dr. directly behind Lowe's
- Possible subdivision or rezoning available
- Square 156 can be purchased separately for $10 PSF ($576,000)
- Ideal for retail, office, or multi-family
- Flood Zone X
- Squares 29 & 30 can be purchased separately for $6 PSF ($691,200)
EXECUTIVE SUMMARY
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)
PROPERTY FACTS
1 LOT AVAILABLE
Lot 156,29,30
| Price | $864,000 | Lot Size | 3.96 AC |
| Price Per AC | $218,181.82 |
| Price | $864,000 |
| Price Per AC | $218,181.82 |
| Lot Size | 3.96 AC |
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
DESCRIPTION
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.
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FALCONER Dr - 3.96-Acre Retail/Office/Multi-Family Site in
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