12289 HWY 190 W HAMMOND 70401 Hammond, LA 70401
Mixed-use property on Hwy 190, minutes from I-12 and I-55.
- Added:
- May 24, 2026
- Days on Market:
- 52
- Last Refresh:
- May 27 at 8:24 am
Property Features for 12289 HWY 190 W HAMMOND 70401
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Multifamily, Office, Industrial
Listing office KW Commercial Baton Rouge (225) 768-1889
Listing date May 24, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Baton Rouge
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location on Hwy 190, minutes from I‑12 and I‑55.
- City water, electric, natural gas, and sewer treatment plant available on the property.
- Potential for commercial use (office or retail store) with existing 1,500 +/-sf structure.
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 | $22.5k | $15.00 |
| − Vacancy | −$1.0k | −$0.68 |
| EGI | $21.5k | $14.33 |
| − OpEx | −$6.4k | −$4.30 |
| NOI | $15.0k | $10.03 |