Commercial Land with Storage
For Sale
$519,900
44528 TIFFANY LYNN Court, Hammond, LA 70403
Commercial Sale, Hammond, LA
Property Size3,350 SF
Lot Size3.72 Acres
Price / SF$155.19
Days on Market142
Property Features for 44528 TIFFANY LYNN Court
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
3
Parking features
Parking Lot
Directions
Take Florida Blvd East towards Robert, Turn R onto Falcon Drive, Stay straight and it turns into Tiffany Lane, Property on the left.
Standard status
Active
APN
6175031
Size
3,350 SF
Lot size
3.72 Acres
Taxes and HOA fees
Tax Description
3.63A IN SEC 20 T6SR8E B1010 P834
Legal Description
3.63A IN SEC 20 T6SR8E B1010 P834
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Multi Units
Water source
Public
Building Details
Year built
2000
Floors in Building
1
Building materials
Stucco, Vinyl Siding
Roof type
Shingle
Listing Agency:
Florida Parishes Realty, L.L.C. · Realty Executives International
(985) 956-7477
Listed By:
Sam N DiVittorio · License #995688138
(985) 320-0263
Added: Jun 4
Changed: Oct 23
Last Checked: Oct 23 at 7:06PM
MLS# 2561190
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 3.72-acre commercial land property includes five occupied rental units across two duplexes and one single-family home. A 4,080-square-foot storage building with 14-foot ceilings is also on site, along with a 60-by-100-foot dirt pad prepared for a future slab and an existing retention pond.
The property is near East Highway 190, the airport, I-12, and I-55. Available services include water, sewer, natural gas, power, garbage collection, and high-speed internet. Public water and sewer are identified, and natural gas is available.
The property is near East Highway 190, the airport, I-12, and I-55. Available services include water, sewer, natural gas, power, garbage collection, and high-speed internet. Public water and sewer are identified, and natural gas is available.
Key Highlights
- 3.72 acres of commercial land
- Five occupied rentals: two duplexes and one single‑family home
- 4,080‑square‑foot storage building with 14‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,195
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,900
$503.9K
Cap Rate 7%
$359,929
$359.9K
Cap Rate 9%
$279,944
$279.9K
Market Conditions
NOI Build-Up for 3,350 SF
Gross rent
$39.4K $11.76/SF
− Vacancy
−$3.4K −$1.02/SF
EGI
$36.0K $10.74/SF
− OpEx
−$10.8K −$3.22/SF
NOI
$25.2K $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%
$503,900
Cap Rate 7%
$359,929
Cap Rate 9%
$279,944
Alternative Uses
Best Use
Multifamily LT 5
$359.9K
$314.9K – $419.9K
NOI $25,195 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$313.0K
$273.8K – $365.1K
NOI $21,907 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$923.5K
$808.1K – $1.08M
NOI $64,644 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Commercial land - The site combines existing rental housing, a storage building, and a prepared pad for additional development.
Where is this commercial land located?
The property is located at 44528 TIFFANY LYNN Court Hammond, LA.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: 3.72 acres of commercial land; Five occupied rentals: two duplexes and one single‑family home; 4,080‑square‑foot storage building with 14‑foot ceilings
