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    W University Ave Hammond, LA 70401

    For Sale
    $399,000

    Vacant Land - Hammond, LA

    Lot size:
    2.15 Acres
    Days on Market:
    140
    Last Refresh:
    Dec 10 at 7:06 pm

    Property Features for W University Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Comm
    Lot size
    2.15 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Realty Services (985) 727-7000 [email protected]

    Listing agent Gregg Tepper (985) 727-7000

    Listing date Jul 24, 2025

    MLS# 2483518 Listing URL

    Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hammond Land on W. University

    This 2.15-acre commercial land is located on a busy stretch of West University Avenue in Hammond, Louisiana. The latest average car count indicates over 11,000 vehicles per day. Situated outside of city limits, the property may offer zoning advantages. It is positioned approximately halfway between Interstate 55 and North Morrison Boulevard. This land presents opportunities for various developments, including free-standing retail or service businesses, strip centers, or multi-family dwellings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Hammond
    County
    Tangipahoa
    State
    Louisiana
    Longitude
    -90.4650771
    Latitude
    30.5187086

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    FAQs

    What type of property is this?
    Commercial land - 2.15 acres on busy W. University Ave in Hammond, LA.
    Where is this commercial land located?
    The property is located at W University Ave Hammond, LA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - 2.15 acres on busy W. University Ave.; - High traffic count: 11,000+ cars/day.; - Outside city limits: potentially easier zoning.
    (985) 727-7000
    Request Owner's contact information
    W University Ave Hammond, LA 70401
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    Hammond, LA 70401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    W University Ave Hammond, LA 70401
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