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Drive-Up Self-Storage Facility
For Sale
$825,000

16052 Lamonte Drive, Hammond, LA 70403

Six buildings provide non-climate storage on a 0.97-acre site in Hammond.

Property Size17,370 SF
Lot Size0.97 Acres
Price / SF$47.50
Days on Market116

Property Features for 16052 Lamonte Drive

General Information

Standard status Active
Size 17,370 SF
Lot size 0.97 Acres
Property subtype Commercial
Zoning com
Occupancy 90%
Net Operating Income $63,395

Financials

Asking Price $825,000
Cap Rate 7.68%

Additional Details

Highway Access Yes
Self-Storage Units 120
Property Use Self Storage

Building Details

Building Size 17,370 SF
Year Built 1994
Buildings 6
Stories 1
Listing Agency: Cypress Key Realty LLC
Listed By: Christopher Romero
Source: Cypresskeyrealty
Added: Jun 30 Changed: Oct 23 Last Checked: Oct 23 at 5:13PM

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 Cypress Key Realty LLC

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Investment Insights

Based on property information with market context.

This self-storage property in Hammond comprises 120 drive-up, non-climate units across six buildings, with 17,150 net rentable square feet. The facility was built in 1994 and occupies 0.97 acres. Zoning is classified as com.

Occupancy is approximately 90%. The property is situated along the I-12/I-55 corridor in Tangipahoa Parish. Additional revenue sources include tenant insurance and administrative, late, and auction fees.

Key Highlights

  • 120 storage units across six buildings
  • 17,150 net rentable SF of drive‑up, non‑climate storage
  • 0.97‑acre site in Hammond, along the I‑12/I‑55 corridor

Property Analytics

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Current Use

Storage Boss Storage Facility Access Mini Storage Storage Facility

Suggested Use

Top Pick Auto Parts Store Law Firm Garden Center Parking Lot & Garage HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

90%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

806
Businesses Nearby

Demographics for 70403, LA

29,737
Population
13,577
Households
2.2
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
42.3 sq mi
ZIP Area
703
Density / Sq Mi
$50,547
Median Household Income
$32,603
Median Earnings
$992
Median Rent
$207,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - Six buildings provide non-climate storage on a 0.97-acre site in Hammond.
Where is this self storage facility located?
The property is located at 16052 Lamonte Drive Hammond, LA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 120 storage units across six buildings; 17,150 net rentable SF of drive‑up, non‑climate storage; 0.97‑acre site in Hammond, along the I‑12/I‑55 corridor
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