Residential Development Opportunity

Listing was updated at: 08/09/2020
Property Overview
Price/Rent PSF $ 1,330,000.00
Asset Type Land
Trade Type Sale
Acres Available 140.00
Date Available 08/04/2020
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20 to 140 acres available on M.P. Planche Rd. just off Highway 25 in Covington. Area of new construction homes. Property is located behind River Park Estates and River Park Crossing Subdivisions.

REDUCED FROM $12,000 per acre to $9,500 per acre! 140 acres just off Highway 25 on M.P. Planche Rd. in area of new construction. Ideal for residential development! 80 acres on the north side of M.P. Planche Road and 2 non-contiguous parcels on the south side, one of which is 40 acres and the other 20 acres. Entire Parcel can be purchased for $9,500 per acre, smaller parcels of 20 & 40 acres are $12,000 per acre. No wetlands determination or current survey. Only info available is on file in Clerk of Court. Property to be sold AS IS with Waiver of Redhibition at Act of Sale.