Warehouse Property with Metal
14456 Kohnke Hill Rd, Hammond, LA 70401
For Sale
$400,000
Two metal structures, a concrete work pad, and updated site systems support a range of warehouse and storage operations.
Property Size4,983 SF
Lot Size3.18 Acres
Price / SF$80.27
Days on Market16
Property Features for 14456 Kohnke Hill Rd
General Information
Standard status
Size
Lot size
Site & Location
Highway Access
Road Access
Outdoor Storage
Utilities to Site
Additional Details
Property Use
Amenities
fiber internet
security camera system
Building Details
Buildings
Construction
Listing Agency:
Keller Williams Realty Serv.
(985) 727-7000
Listed By:
Jamie R Vicaro · License #000077171
(985) 634-8444
Source:
Exprealty
Added: Oct 22
Changed: Oct 29
Last Checked: Nov 6 at 10:40AM
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 Keller Williams Realty Serv.
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Investment Insights
Based on property information with market context.
This 3.18-acre warehouse property in Hammond includes two metal buildings and a broad concrete pad. Improvements include LED lighting, upgraded electrical panels, a replacement septic system, and a camera system. The driveway has been widened, with a new culvert providing site access. Fiber internet is available, and power lines are buried along the road.
The property is on Kohnke Hill Road, minutes from I-55, I-12, and Southeastern Louisiana University. Its location outside Hammond city limits also places it near downtown Hammond.
The property is on Kohnke Hill Road, minutes from I-55, I-12, and Southeastern Louisiana University. Its location outside Hammond city limits also places it near downtown Hammond.
Key Highlights
- 3.18 acres of improved land
- Two metal warehouse buildings and a concrete pad
- Widened driveway with a new culvert
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,368
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,360
$487.4K
Cap Rate 7%
$348,114
$348.1K
Cap Rate 9%
$270,756
$270.8K
Market Conditions
NOI Build-Up for 4,983 SF
Gross rent
$31.1K $6.24/SF
− Vacancy
−$2.4K −$0.49/SF
EGI
$28.7K $5.75/SF
− OpEx
−$4.3K −$0.86/SF
NOI
$24.4K $4.89/SF
Area
Tangipahoa County, LA
Vacancy
7.80%
Lease Rate
$6.24 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,360
Cap Rate 7%
$348,114
Cap Rate 9%
$270,756
Alternative Uses
Best Use
Warehouse
$348.1K
$304.6K – $406.1K
NOI $24,368 @ 7.0% cap · market cap 6.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,155 @ 7.0% cap · market cap 24.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Balanced
Demand for This Use
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
$226,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Hammond, LA
Properties on Market for Warehouses in Hammond
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Creekside Self Storage — 47204 N Morrison Blvd, Hammond, LA 70401
Frequently Asked Questions
What type of property is this?
Warehouse - Two metal structures, a concrete work pad, and updated site systems support a range of warehouse and storage operations.
Where is this warehouse located?
The property is located at 14456 Kohnke Hill Rd Hammond, LA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 3.18 acres of improved land; Two metal warehouse buildings and a concrete pad; Widened driveway with a new culvert
