For Sale
$1,192,000
100 SHERWOOD Drive, Hammond, LA 70401
Multifamily, Hammond, LA
Property Size10,611 SF
Price / SF$112.34
Days on Market466
Property Features for 100 SHERWOOD Drive
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
26
Bathrooms
15
Full bathrooms
11
Half bathrooms
7
Rooms
Bedroom 21, Bathroom 12, Bathroom 16, Bathroom 3, Bedroom 4, Bedroom 19, Bathroom 4, Bedroom 25, Bedroom 23, Bathroom 9, Bedroom 13, Bedroom 14, Bedroom 7, Bathroom 14, Bedroom 3, Bathroom 6, Bedroom 17, Bedroom 8, Bedroom 6, Bathroom 1, Bathroom 15, Bathroom 8, Bathroom 11, Bathroom 13, Bedroom 9, Bedroom 18, Bedroom 10, Bedroom 16, Bedroom 12, Bathroom 2, Bathroom 18, Bathroom 10, Bedroom 26, Bedroom 11, Bedroom 2, Bathroom 5, Bathroom 17, Bedroom 22, Bedroom 24, Bedroom 5, Bedroom 1, Bedroom 15, Bedroom 20, Bathroom 7
Subdivision
Not a Subdivision
Directions
From downtown W on W Church Slight R on Blackburn Rd Left on Sherwood Dr
Standard status
Active
APN
3273504
Size
10,611 SF
Taxes and HOA fees
Tax Description
LOTS 1-10 and 12-15 SHERWOOD DRIVE SUB IN SEC 23 T6SR7E HAMMOND
Legal Description
LOTS 1-10 and 12-15 SHERWOOD DRIVE SUB IN SEC 23 T6SR7E HAMMOND
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1965
Number of units
9
Building materials
Brick Veneer
Architectural style
Ranch
Listing Agency:
Keller Williams Realty Serv.
(985) 727-7000
Listed By:
Bart A Gillis · License #000069580
(504) 915-1961
Added: Jul 15, 2025
Changed: Oct 23
Last Checked: Oct 23 at 7:06PM
MLS# 2512088
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,389
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,387,780
$1.4M
Cap Rate 7%
$991,271
$991.3K
Cap Rate 9%
$770,989
$771.0K
Market Conditions
NOI Build-Up for 10,611 SF
Gross rent
$138.8K $13.08/SF
− Vacancy
−$12.6K −$1.19/SF
EGI
$126.2K $11.89/SF
− OpEx
−$56.8K −$5.35/SF
NOI
$69.4K $6.54/SF
Area
Tangipahoa County, LA
Vacancy
9.10%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,387,780
Cap Rate 7%
$991,271
Cap Rate 9%
$770,989
Alternative Uses
Best Use
Apartment 5plus
$991.3K
$867.4K – $1.16M
NOI $69,389 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.93M
$2.56M – $3.41M
NOI $204,756 @ 7.0% cap · market cap 17.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
826
Businesses Nearby
Explore this area
Business Placement
Demographics for 70401, LA
21,014
Population
10,321
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
88%
High-School Grad
34.7 sq mi
ZIP Area
606
Density / Sq Mi
$50,995
Median Household Income
$31,405
Median Earnings
$977
Median Rent
$226,800
Median Home Value
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Frequently Asked Questions
Where is this single family property located?
The property is located at 100 SHERWOOD Drive Hammond, LA.
What is the asking price?
The asking price for this property is $1,192,000.
