10 months on rocket

516 N Jefferson Ave, Covington, LA, 70433

$550,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #2403018
StatusActive

About 516 N Jefferson Ave

Located at the busy intersection of N Jefferson Ave and E 26th Ave, this vacant lot occupies a prominent position at the heart of Covington, LA. Situated in the downtown business district, it boasts direct proximity to St. Tammany 22nd Judicial District Courthouse, making it an ideal location for businesses seeking high visibility and accessibility. Spanning 13,939 SF, this commercial lot offers ample space for a range of business ventures. The Central Business District (CBD) Zoning designation ensures a favorable environment for commercial activities, making it an attractive investment opportunity. Furthermore, a variance can be pursued that will allow for inclusion of a drive-thru, providing added convenience for potential business operations. Covington is renowned for its vibrant culture, engaged community and year-round calendar of festivals and events. Residents and visitors are drawn to the lively atmosphere and rich heritage of the city. The property's proximity to the Tammany Trace Bike Path and Covington Trailhead offers opportunities for outdoor enthusiasts, encouraging foot traffic and potential customers. The downtown area is home to a diverse range of restaurants, shops, and entertainment options, making it a popular destination for locals and tourists. The weekly Covington Farmer's Market, located nearby, further enhances the area's appeal, offering a vibrant hub for local produce and artisanal goods. Covington boasts strong demographics with a growing population and a robust economy. The city's strategic location, excellent infrastructure and favorable business climate make it an attractive destination for entrepreneurs and investors. With its central location, this commercial lot presents an opportunity to tap into Covington's thriving market. Don't miss out on this chance to establish your business in Covington's CBD. Whether you're an established entrepreneur or an aspiring business owner, this prime location offers a foundation for your success.

Property Details

Property Features

Listing Office:

  • Office Name: Stirling Properties
  • Office Phone: (985) 898-2022
  • Listing Agent: BRADLEY S COOK
  • Agent Phone: (985) 246-3720

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot

School Info

Assigned Schools Information:

  • Covington High School, Public District Grades 9-12
  • William Pitcher Junior High School, Public District Grades 7-8
  • Pine View Middle School, Public District Grades 4-6
  • E. E. Lyon Elementary School, Public District Grades PK-3

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
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Housing Market Comparison

See how this home compares to others in Covington, LA.

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Covington, LA

City

Med. Sold Price

$315.1K

Med. Price/SqFt

$170

Avg. Days On Market

43

# of Sold Homes

70

516 N Jefferson Ave vs Covington

318 DAYS ON ROCKET

+275 Days

$550,000

+$234.8K More

KEY TAKEAWAY

This property is $234.8K more than the Median Sold Price in Covington, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2403018

Listing Office:

  • Office Name: Stirling Properties
  • Office Phone: (985) 898-2022
  • Listing Agent: BRADLEY S COOK
  • Agent Phone: (985) 246-3720

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Last updated on: 5/21/2024, 10:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5658443
6
/10

  • E. E. Lyon Elementary School

  • 1615 N Florida St

  • 1.00 miles

  • Public District Grades PK-3

Middle School

school-card-donut-5658444
4
/10

  • William Pitcher Junior High School

  • 415 S Jefferson Ave

  • 0.59 miles

  • Public District Grades 7-8

school-card-donut-5658445
5
/10

  • Pine View Middle School

  • 1200 W 27th Ave

  • 0.78 miles

  • Public District Grades 4-6

High School

school-card-donut-5658446
5
/10

  • Covington High School

  • 73030 Lions Dr

  • 2.31 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,046. The most common annual income of people living in Covington, LA is less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 N Jefferson Ave

What is the listing price of this property?

The listing price of 516 N Jefferson Ave property is $550,000.

What type of property is this?

The property 516 N Jefferson Ave is land located in Covington, Louisiana, 70433.

Is this property for sale now?

Active Listing: 516 N Jefferson Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 516 N Jefferson Ave are:
E. E. Lyon Elementary School: GreatSchools Rating 6/10
William Pitcher Junior High School: GreatSchools Rating 4/10
Pine View Middle School: GreatSchools Rating 5/10
Covington High School: GreatSchools Rating 5/10
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Rocket Homes›Louisiana›Saint Tammany County›Covington›70433›516 N Jefferson Ave

This home is located at 516 N Jefferson Ave in Covington, LA and zip code 70433. It has been listed on Rocket Homes since July 08, 2023 and is currently priced at $550,000.

In April 2024, from all listings sold in Covington, LA there were more than 4 sold above asking price, over 42 sold below and more than 24 were sold right at the asked price. The number of homes for sale in Covington, LA increased by 9.2% between March 2024 and April 2024. In April 2024 median list price was $315,155 and the average listing age was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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