105 West Thomas Street Hammond, LA 70401
Commercial Sale, Other - Hammond, LA
- Added:
- Jul 28, 2025
- Days on Market:
- 352
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 105 West Thomas Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 5,997 SF
- Lot size
- 0.06 Acres
Building Details
- Year built
- 1948
- Architectural style
- Other
Listing agent Jeannie Crayton License #SALE.0000072192-ACT,PersonLicenseNumber (985) 969-1153
Listing office NextHome Real Estate Professionals 101 W. Thomas St., LA (985) 429-0777
Listing date Jul 28, 2025
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Downtown Hammond location with high visibility and foot traffic
- Mixed‑use property with both commercial and residential income potential
- 2,500 sq ft of retail/commercial space on the ground floor
Local Financial Insights For Retail
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 | $90.0k | $15.00 |
| − Vacancy | −$4.0k | −$0.68 |
| EGI | $85.9k | $14.33 |
| − OpEx | −$25.8k | −$4.30 |
| NOI | $60.1k | $10.03 |
