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    Hammond Commercial Office Building For Sale Title is generated by Realmo AI

    1024 S CYPRESS Street, Hammond, LA 70403

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    Claim this Listing
    For Sale
    $400,000

    COMMERCIAL - Hammond, LA

    Property size:
    1,553 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $257/SF
    Added:
    Dec 4, 2025
    Days on Market:
    189
    Last Refresh:
    Jun 11 at 6:06 pm

    Property Features for 1024 S CYPRESS Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    COM
    Parking features
    Off Street
    Standard status
    Active
    APN
    01534106
    Size
    1,553 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Description
    LOT 4-5-18 & LOT MEAS 75 X 103.08 FT LOCATED ON W SIDE OF LOTS 4-18 GEYSER PLACE ADD HMD B504 P398 B685 P461 B703 P24 B1644 P615 B1656 P851 MAP 708/405 1644/615

    Utilities

    Water source
    Public

    Building Details

    Year built
    1943

    We can help!

    Listing Contact
    Will Frederick
    Will Frederick

    Listing agent Will Frederick License #912124137

    Listing office Keller Williams Realty Services 1522 W. Causeway Approach, Mandeville, LA

    Listing date Dec 4, 2025

    MLS# 2533431

    Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    This well-kept commercial office building is located just minutes from downtown Hammond. The property offers a functional setup suitable for a variety of businesses. The building features three offices, a conference room, a break room, two bathrooms, and a storage room. One of the back offices is currently rented at $500 per month, providing immediate rental income. The building is situated on a 0.18-acre lot and has 1553 square feet of space. The property includes a fully fenced laydown yard and is beautifully landscaped, enhancing its curb appeal. The zoning is COM.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $36.3k $23.40
    − Vacancy −$5.1k −$3.30
    EGI $31.2k $20.10
    − OpEx −$7.8k −$5.03
    NOI $23.4k $15.08
    1,553 SF · lease $23.40/SF/yr · vacancy 14.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $334.5K
    $292.7K – $390.2K (±1% cap)
    NOI $23,412 @ 7.0% cap · market cap 5.85%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $428.1K
    $374.6K – $499.5K (±1% cap)
    NOI $29,968 @ 7.0% cap · market cap 7.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Tangipahoa
    State
    Louisiana
    Longitude
    -90.4574047
    Latitude
    30.494457

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    FAQs

    What type of property is this?
    Office building - Well-kept office building with rental income and fenced laydown yard.
    Where is this office building located?
    The property is located at 1024 S CYPRESS Street Hammond, LA.
    What is the asking price?
    The asking price for this property is $400,000.
    (985) 727-7000
    We can help!
    Listing Contact
    Will Frederick
    Will Frederick
    Real Estate License ID: 912124137
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