47310 N MORRISON Boulevard, Hammond, LA 70401
- Added:
- Mar 13, 2026
- Days on Market:
- 91
- Last Refresh:
- Jun 11 at 5:06 pm
Property Features for 47310 N MORRISON Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COM
- Standard status
- Active
- APN
- 5376602
- Size
- 2,000 SF
- Lot size
- 2.00 Acres
Utilities
- Water source
- Public
Building Details
- Year built
- 2017
Listing agent Cecilia Acosta (504) 908-5037
Listing office Homesmart Realty South 3131 N I-10 Service Rd, #101, New Orleans, LA (504) 908-7653
Listing date Mar 13, 2026
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.
HighLights
- Modern commercial building built in 2017 with solid infrastructure.
- Approximately 2 acres of land included.
- Large yard area suitable for parking or operational use.
- Functional layout from previous auto body shop use.
- Ground‑level office space.
- Second‑floor 1‑bedroom / 1‑bathroom residential unit.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.8k | $23.40 |
| − Vacancy | −$6.6k | −$3.30 |
| EGI | $40.2k | $20.10 |
| − OpEx | −$10.1k | −$5.03 |
| NOI | $30.2k | $15.08 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Tire Choice Auto Service Centers — 205 S Morrison Blvd, Hammond, LA 70403
- Midway Automotive — 110 N Scanlan St, Hammond, LA 70401
- Take 5 Oil Change — 112 S Morrison Blvd, Hammond, LA 70403
- Walmart Auto Care Centers — 2799 W Thomas St, Hammond, LA 70401
- Express Oil Change & Tire Engineers — 2613 W Thomas St, Hammond, LA 70401
Location Insight
- Map
- Local Demand
- City
- Hammond
- County
- Tangipahoa
- State
- Louisiana
- Longitude
- -90.482809
- Latitude
- 30.543159
