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22.49 Acres Prime Development Land

49048 N Morrison Blvd, Hammond, LA 70401

For Sale
$227,900

Exceptional opportunity with highway frontage, suitable for various developments.

Property SizeContact for details
Lot Size22.49 Acres
Days on Market200

Property Features for 49048 N Morrison Blvd

General Information

Standard status Active
Lot size 22.49 Acres
Property subtype Land
Listing Agency: Realty Executives Florida Parishes
Listed By: Sam DiVittorio · License #995688138
Source: Exprealty
Added: Apr 24 Changed: Oct 31 Last Checked: Nov 8 at 11:06AM

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 Realty Executives Florida Parishes

Rey
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Investment Insights

Based on property information with market context.

This real estate opportunity features 22.49 acres of land in a prime location, offering ample space for development. The property includes 1000 feet of highway frontage and is situated along the Highway 51 corridor, providing high visibility. Railroad tracks are located at the east/rear boundary. Public utilities, including water and sewer, are available. The property is suitable for various development possibilities, including large residential, industrial, or commercial projects. It could also serve as a secluded private estate, recreational area, or campsite. The parcel is located on the south side of Tickfaw, on the Hammond side, 3 miles from the Hammond's University/HWY 51 intersection, and less than 2 miles from I55 Interstate access. The total property encompasses three separate parcels of land: 8.80 acres, 7.14 acres (consisting of 1.86 acres and 5.28 acres), and 6.55 acres. The sellers prefer to sell all 22.49 acres together but are open to selling separately.

Key Highlights

  • Prime location: 22.49 +/- acres with 1000'+ of Highway 51 frontage.
  • Convenient access to I‑55 Interstate (less than 2 miles).
  • Public utilities (water/sewer) available.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Electrical Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

Demographics for 70401, LA

21,014
Population
10,321
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
88%
High-School Grad
34.7 sq mi
ZIP Area
606
Density / Sq Mi
$50,995
Median Household Income
$31,405
Median Earnings
$977
Median Rent
$226,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Commercial land in Hammond, LA

$118 Jul
$90.43 Aug
$129 Sep
$128 Oct

Properties on Market for Commercial land in Hammond

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - Exceptional opportunity with highway frontage, suitable for various developments.
Where is this commercial land located?
The property is located at 49048 N Morrison Blvd Hammond, LA.
What is the asking price?
The asking price for this property is $227,900.
What are key features of this property?
This property features: Prime location: 22.49 +/- acres with 1000'+ of Highway 51 frontage.; Convenient access to I‑55 Interstate (less than 2 miles).; Public utilities (water/sewer) available.
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