Property profile

16030 Lamonte Dr Hammond, LA 70403

OFF-MARKET
Commercial real estate
Property ID
US36-1156704
3,825 SF 2 ac lot Built 2009
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,250 square foot commercial building, situated on a 0.44-acre lot at 16030 Lamonte Drive in Hammond, Louisiana, presents a lucrative investment opportunity. The property is comprised of five individual suites, offering flexibility for a variety of business uses. Currently, a portion of the building is available for lease, with 2,500 square feet offered at a triple net rate of $12 per square foot. The building's total size provides ample space for multiple tenants or a single large-scale operation. Its location in Hammond offers convenient access to major roadways and a thriving local market. The asking price for the entire building is $850,000, making it an attractive proposition for investors seeking a strong return on investment. The existing lease structure provides immediate income potential, while the remaining space offers opportunities for further development and rental income generation. This property is a rare find in the Hammond commercial real estate market, combining size, location, and income potential into one attractive package. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is offered for sale or lease.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2009
Total area 3,825 SF
Lot 2 ac (87,120 SF)
APN 4933702
UPID US36-1156704

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service Occupational Therapist

Location

16030 Lamonte Dr Hammond, LA 70403-1404
Hammond metro Census 954504 HAMMOND, LA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
Last sale
$976,000
3 recorded transactions
2025
$976,000
2008
$174,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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