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    1101 C M Fagan Dr Hammond, LA 70403

    For Sale
    $2,665,000

    Spacious bank building, two drive-thrus, high traffic.

    Property size:
    4,015 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, located at 1101 CM Fagan Drive in Hammond, Louisiana, presents a unique investment opportunity. The building, totaling 4,015 square feet, is a recently vacated bank branch, offering a turnkey solution for a variety of commercial uses. Its prime location ensures high visibility and significant foot and vehicular traffic, making it ideal for businesses seeking maximum exposure. A key feature of this property is its inclusion of two convenient drive-through windows, perfectly suited for financial institutions, fast-food restaurants, or similar businesses requiring quick and efficient customer service. Furthermore, an ATM drive-through is already in place, adding further convenience and potential revenue streams. The building sits on a lot with no acreage specified, but its strategic location within Hammond guarantees excellent accessibility and ample parking opportunities. The asking price for this remarkable property is $2,665,000. This represents a significant opportunity to acquire a well-maintained, strategically located commercial building with exceptional features and high potential for return on investment. Serious inquiries are encouraged to explore this promising venture further.

    Property Features for 1101 C M Fagan Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,015 SF

    Building Details

    Year Built
    2008
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Tangipahoa
    State
    Louisiana
    Longitude
    -90.4702
    Latitude
    30.48205

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious bank building, two drive-thrus, high traffic.
    Where is this commercial real estate located?
    The property is located at 1101 C M Fagan Dr Hammond, LA.
    What is the asking price?
    The asking price for this property is $2,665,000.
    (985) 345-6802
    Request Owner's contact information
    1101 C M Fagan Dr Hammond, LA 70403
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    Hammond, LA 70403
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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
    1101 C M Fagan Dr Hammond, LA 70403
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