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

16052 Lamonte Drive, Hammond, LA 70403

Stabilized 120-unit, non-climate drive-up storage facility across six buildings with ~90% occupancy in Tangipahoa Parish.

Property Size17,370 SF
Lot Size0.97 Acres
Price / SF$48.10
Days on Market55

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%

Additional Details

Cap Rate 7.68%
Highway Access Yes

Building Details

Building Size 17,370 SF
Year Built 1994
Stories 1
Listing Agency: Nexthome Real Estate Professionals
Listed By: Jeannie Crayton · License #SALE.0000072192-ACT,PersonLicenseNumber
Source: Nolalivingrealty
Added: Jun 30 Changed: Aug 23 Last Checked: Aug 22 at 10:24AM

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 Nexthome Real Estate Professionals

Investment Insights

Based on property information with market context.

Turnkey self-storage investment featuring 120 drive-up, non-climate units across six buildings on a 0.97-acre site. The facility is diversified across a unit mix totaling 17,150 net rentable square feet and is currently stabilized at approximately 90% occupancy. Reported income includes tenant insurance, administrative charges, late fees, and auction-related fees.

The property is located in Hammond, Louisiana along the I-12/I-55 corridor in Tangipahoa Parish.

Each office is independently owned and operated. Financial information and the full offering package are available upon request.

Key Highlights

  • 120‑unit self‑storage facility in Tangipahoa Parish with 17,150 net rentable SF across six drive‑up buildings (non‑climate).
  • Stabilized occupancy of approximately 90% with a diversified unit mix.
  • Located on a 0.97‑acre site along the I‑12/I‑55 corridor in Hammond, LA.

Property Analytics

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Stabilized 120-unit, non-climate drive-up storage facility across six buildings with ~90% occupancy in Tangipahoa Parish.
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‑unit self‑storage facility in Tangipahoa Parish with 17,150 net rentable SF across six drive‑up buildings (non‑climate).; Stabilized occupancy of approximately 90% with a diversified unit mix.; Located on a 0.97‑acre site along the I‑12/I‑55 corridor in Hammond, LA.
More about this property
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