Medical Office with Covered
15739 Professional Plaza Drive, Hammond, LA
For Sale
$495,000
Commercial Sale, Hammond, LA
Property Size2,278 SF
Price / SF$217.30
Days on Market51
Property Features for 15739 Professional Plaza Drive
General Information
Property type
Property subtype
Zoning
Parking
Parking features
Security features
Subdivision
Lot features
Directions
Standard status
APN
Size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Cooling system
Water source
Amenities
covered drive-up entrance
security system
Building Details
Year built
Floors in Building
Flooring type
Building materials
Listing Agency:
Berkshire Hathaway HS - Mandeville · Berkshire Hathaway HomeServices
(985) 951-2324
Listed By:
Catherine N Eppling · License LA #000072052
(985) 807-4238
Added: Sep 22
Changed: Nov 9
Last Checked: Nov 11 at 2:06AM
MLS# 2578119
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,278-square-foot medical office space has a reception area, waiting room, several offices, a conference room, and a kitchen/break area. A covered drive-up entrance and security system are also present. The building was constructed in 1978 with brick exterior materials and vinyl flooring. Central heating and central air conditioning serve the space; cooling is provided by multiple units.
The property includes a parking lot, with public water and natural gas available. Zoning is listed as COMM, RES.
The property includes a parking lot, with public water and natural gas available. Zoning is listed as COMM, RES.
Key Highlights
- 2,278 square feet of medical office space
- Reception area, waiting room, several offices, conference room, and kitchen/break area
- Covered drive‑up entrance and security system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,342
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,840
$686.8K
Cap Rate 7%
$490,600
$490.6K
Cap Rate 9%
$381,578
$381.6K
Market Conditions
NOI Build-Up for 2,278 SF
Gross rent
$53.3K $23.40/SF
− Vacancy
−$7.5K −$3.30/SF
EGI
$45.8K $20.10/SF
− OpEx
−$11.4K −$5.03/SF
NOI
$34.3K $15.08/SF
Area
Tangipahoa County, LA
Vacancy
14.10%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,840
Cap Rate 7%
$490,600
Cap Rate 9%
$381,578
Alternative Uses
Best Use
Office B
$490.6K
$429.3K – $572.4K
NOI $34,342 @ 7.0% cap · market cap 6.94%
Second Best
Healthcare Medical
$385.9K
$337.7K – $450.2K
NOI $27,013 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$628.0K
$549.5K – $732.6K
NOI $43,958 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Brandywine Valley SPCA | Tangi Wellness Clinic — 15487 W Club Deluxe Rd, Hammond, LA 70403
- Stafford Veterinary Hospital — 43110 S Range Rd, Hammond, LA 70403
Frequently Asked Questions
What type of property is this?
Medical Office Space - Interior configuration includes a patient reception area, waiting room, offices, conference room, and staff kitchen.
Where is this medical office space located?
The property is located at 15739 Professional Plaza Drive Hammond, LA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,278 square feet of medical office space; Reception area, waiting room, several offices, conference room, and kitchen/break area; Covered drive‑up entrance and security system
