Air-Conditioned Warehouse
For Sale
$1,300,000
210 Hewitt Rd, Hammond, LA 70403
Corner-site facility combines warehouse and office areas with three-phase power and flexible configuration.
Property Size10,200 SF
Lot Size0.80 Acres
Price / SF$127.45
Days on Market48
Property Features for 210 Hewitt Rd
General Information
Standard status
Active
Size
10,200 SF
Lot size
0.80 Acres
Warehouse & Industrial
Warehouse Space
9,400 SF
Office Build-Out
800 SF
Three-Phase Power
Yes
Conditioned Warehouse
Yes
Additional Details
Asking Price
$1,300,000
Road Access
Yes
Building Details
Year Built
2009
Buildings
1
Building Size
10,200 SF
Listing Agency:
Gulf States Real Estate Services of Louisiana, L.L
Listed By:
Stuart Ridgel · License #995703353
(985) 705-1727
Source:
Dominionplace
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 7 at 1:07PM
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 Gulf States Real Estate Services of Louisiana, L.L
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Investment Insights
Based on property information with market context.
Built in 2009, this 10,200-square-foot warehouse property includes 9,400 square feet of fully air-conditioned warehouse space and 800 square feet of office space. The building sits on a 0.80-acre corner lot at 210 Hewitt Rd in Hammond, Louisiana, and can be divided into two units.
A high ridge line roof provides eaves ranging from 14 to 15 feet and reaches approximately 30 feet at its peak, supporting high-shelving layouts or indoor sports uses. The facility also includes four roll-up doors, three restrooms, three-phase power, two electrical panels, interior-wall electrical outlets, and a grease trap designed for restaurant use.
A high ridge line roof provides eaves ranging from 14 to 15 feet and reaches approximately 30 feet at its peak, supporting high-shelving layouts or indoor sports uses. The facility also includes four roll-up doors, three restrooms, three-phase power, two electrical panels, interior-wall electrical outlets, and a grease trap designed for restaurant use.
Key Highlights
- 10,200‑square‑foot building on a 0.80‑acre corner lot
- 9,400 square feet of air‑conditioned warehouse space plus 800 square feet of office space
- High ridge line roof with 14- to 15‑foot eaves and approximately 30‑foot peak height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,375
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,247,500
$1.2M
Cap Rate 7%
$891,071
$891.1K
Cap Rate 9%
$693,056
$693.1K
Market Conditions
NOI Build-Up for 10,200 SF
Gross rent
$97.9K $9.60/SF
− Vacancy
−$2.0K −$0.19/SF
EGI
$96.0K $9.41/SF
− OpEx
−$33.6K −$3.29/SF
NOI
$62.4K $6.12/SF
Area
Tangipahoa County, LA
Vacancy
2.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,247,500
Cap Rate 7%
$891,071
Cap Rate 9%
$693,056
Alternative Uses
Best Use
Flex RnD
$891.1K
$779.7K – $1.04M
NOI $62,375 @ 7.0% cap · market cap 4.80%
Second Best
Warehouse
$712.6K
$623.5K – $831.4K
NOI $49,881 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$2.81M
$2.46M – $3.28M
NOI $196,825 @ 7.0% cap · market cap 15.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Crown Storage of Hammond — 1200 C M Fagan Dr, Hammond, LA 70403
- Self-Storage at U-Haul — 1915 SW Railroad Ave, Hammond, LA 70403
- Hammond Square Self Storage — 77 W Minnesota Park Rd, Hammond, LA 70403
- Hammond Lock Storage — 43216 S Holly St, Hammond, LA 70403
Frequently Asked Questions
What type of property is this?
Warehouse - Corner-site facility combines warehouse and office areas with three-phase power and flexible configuration.
Where is this warehouse located?
The property is located at 210 Hewitt Rd Hammond, LA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 10,200‑square‑foot building on a 0.80‑acre corner lot; 9,400 square feet of air‑conditioned warehouse space plus 800 square feet of office space; High ridge line roof with 14- to 15‑foot eaves and approximately 30‑foot peak height
