Cleared Light Industrial Development
500 N Morrison Blvd Hammond, LA 70401
500 N Morrison Blvd, Hammond, LA, 70401
Contact for pricing
For Sale
Contact for pricing
Pending
Approximately 2.525 acres of cleared, filled land with frontage on N. Morrison Blvd, including an income-producing leased cell tower site.
Lot Size2.53 Acres
Days on Market104
Property Features for 500 N Morrison Blvd
General Information
- Standard status
- Pending
- Lot size
- 2.53 Acres
- Property subtype
- Land
Listing agency
The Industrial Group, LLC
(504) 569-9412
Listed by
Trimble Green · License #38278
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 1:42PM Checked: Jul 22 at 6:16PM
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 The Industrial Group, LLC
Investment Insights
Based on property information with market context.
Approx. 2.525 acres of commercial/light industrial land fronting on N. Morrison Blvd (US Hwy. 51). The site is cleared and filled and is ready for development.
The eastern portion of the property, comprising approximately +/- 38,380 sf, is leased to MCI Communication Services, Inc. and includes a cell tower site, with rental income passing to the Buyer. The current rental is $33,000 per year, and four options remain, each with a rental increase.
The property’s configuration includes the leased tower area along with additional undeveloped land, providing space for future development while maintaining existing lease income.
The eastern portion of the property, comprising approximately +/- 38,380 sf, is leased to MCI Communication Services, Inc. and includes a cell tower site, with rental income passing to the Buyer. The current rental is $33,000 per year, and four options remain, each with a rental increase.
The property’s configuration includes the leased tower area along with additional undeveloped land, providing space for future development while maintaining existing lease income.
Key Highlights
- Approximately 2.525 acres commercial/light industrial land fronting N. Morrison Blvd (US Hwy 51).
- Cleared and filled, ready for development.
- Eastern portion (+/- 38,380 SF) leased to MCI Communication Services, Inc. with a cell tower site.
Property Analytics
Location Intelligence
Current Use by Public Records
Glass America
Auto Repair Shop
Gerber Collision & Glass
Auto Repair Shop
Enterprise Rent-A-Car
Car Rental Facility
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FAQs
What type of property is this?
Industrial land - Approximately 2.525 acres of cleared, filled land with frontage on N. Morrison Blvd, including an income-producing leased cell tower site.
Where is this industrial land located?
The property is located at 500 N Morrison Blvd Hammond, LA.
What are key features of this property?
This property features: Approximately 2.525 acres commercial/light industrial land fronting N. Morrison Blvd (US Hwy 51).; Cleared and filled, ready for development.; Eastern portion (+/- 38,380 SF) leased to MCI Communication Services, Inc. with a cell tower site.