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    I-12 Hammond, LA 70403

    Sponsored
    For Sale
    $1,200,000

    7.62 Acres, Prime Interstate Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.62-acre commercial land parcel presents a unique investment opportunity in Hammond, Louisiana. Strategically located at the intersection of Club Deluxe Road and I-12, this property boasts over 550 feet of high-visibility interstate frontage, ensuring maximum exposure for any development. The C-3 zoning allows for a wide range of commercial uses, making it ideal for businesses seeking a prominent location with high traffic counts. Situated just minutes from the major intersection of I-12 and I-55, this site offers unparalleled accessibility and connectivity. The property is less than a mile from I-12 via Club Deluxe Road, providing convenient access for employees and customers. Nearby amenities include Hammond Square, Southeastern Louisiana University, Boh Brothers, and North Oaks Medical Center, further enhancing its desirability. The asking price is $1,200,000, translating to approximately $157,480 per acre. The property's APN is 2736581001. Owner financing is available, making this an attractive proposition for qualified buyers. This prime location, combined with its significant frontage and flexible zoning, makes this a truly exceptional opportunity for commercial development in a thriving Louisiana market. The Tangipahoa Parish location and 70403 zip code further solidify its strategic position.

    Property Features for 0 I-12

    General Information

    Property type
    Land
    Lot Size
    331,927 SF

    HighLights

    • 7.62‑acre commercial land parcel in Hammond, LA with 550 feet of I‑12 frontage.
    • C‑3 zoning allows for diverse commercial uses.
    • Owner financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hammond
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.4824387
    Latitude
    30.4788687

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    FAQs

    What type of property is this?
    Land - 7.62 Acres, Prime Interstate Location
    Where is this land located?
    The property is located at I-12 Hammond, LA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 7.62-acre commercial land parcel in Hammond, LA with 550 feet of I-12 frontage.; C-3 zoning allows for diverse commercial uses.; Owner financing available.
    (985) 246-3795
    Request Owner's contact information
    I-12 Hammond, LA 70403
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    Hammond, LA 70403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    I-12 Hammond, LA 70403
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