Mixed-Use Property with Multiple
For Sale
$225,000
44216 S RANGE Road, Hammond, LA 70465
Commercial, Hammond, LA
Property Size1,891 SF
Lot Size0.28 Acres
Price / SF$118.98
Days on Market460
Property Features for 44216 S RANGE Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Unknow
Parking features
Off Street
Subdivision
Not a Subdivision
Lot features
Corner
Standard status
Active
APN
01713809
Lot size
0.28 Acres
Utilities
Water source
Public
Amenities
private offices
kitchen
bathrooms
Building Details
Year built
1972
Listing Agency:
Keller Williams Realty Services
(985) 727-7000
Listed By:
Will Frederick
(985) 215-3100
Added: Jul 21, 2025
Changed: Oct 16
Last Checked: Oct 23 at 5:06PM
MLS# 2514076
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property brings together several functional improvements on a 0.28-acre corner lot. The updated main office contains 1,891 square feet with private offices, a kitchen, and bathrooms. Additional improvements include a tenant-occupied 1,425-square-foot duplex, a 1,000-square-foot warehouse, a separate 500-square-foot block building, and a 500-square-foot elevated open storage area.
Located off South Range Road in Hammond, the property includes off-street parking and public water service. The improvements date to 1972, offering a varied commercial and residential configuration within one holding.
Located off South Range Road in Hammond, the property includes off-street parking and public water service. The improvements date to 1972, offering a varied commercial and residential configuration within one holding.
Key Highlights
- 1,891‑square‑foot updated office with private offices, kitchen, and bathrooms
- Tenant‑occupied 1,425‑square‑foot duplex
- 1,000‑square‑foot warehouse plus separate 500‑square‑foot block building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,222
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,440
$284.4K
Cap Rate 7%
$203,171
$203.2K
Cap Rate 9%
$158,022
$158.0K
Market Conditions
NOI Build-Up for 1,891 SF
Gross rent
$22.2K $11.76/SF
− Vacancy
−$1.9K −$1.02/SF
EGI
$20.3K $10.74/SF
− OpEx
−$6.1K −$3.22/SF
NOI
$14.2K $7.52/SF
Area
Tangipahoa County, LA
Vacancy
8.64%
Lease Rate
$11.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,440
Cap Rate 7%
$203,171
Cap Rate 9%
$158,022
Alternative Uses
Best Use
Office B
$407.3K
$356.4K – $475.1K
NOI $28,508 @ 7.0% cap · market cap 12.67%
Second Best
Multifamily LT 5
$203.2K
$177.8K – $237.0K
NOI $14,222 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$521.3K
$456.1K – $608.2K
NOI $36,490 @ 7.0% cap · market cap 16.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 70465, LA
425
Population
224
Households
1.9
Avg Household Size
34
Median Age
8%
College-Educated
68%
High-School Grad
1.0 sq mi
ZIP Area
425
Density / Sq Mi
$18,750
Median Household Income
$15,417
Median Earnings
$732
Median Rent
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner-lot site combines office, duplex, warehouse, and storage improvements.
Where is this mixed-use property located?
The property is located at 44216 S RANGE Road Hammond, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,891‑square‑foot updated office with private offices, kitchen, and bathrooms; Tenant‑occupied 1,425‑square‑foot duplex; 1,000‑square‑foot warehouse plus separate 500‑square‑foot block building
