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    17420 Hwy Hammond, LA 70403

    For Sale
    $3,525,000

    Prime LA Distribution Center, Vacant

    Property size:
    35,320 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property in Hammond, Louisiana, presents a significant investment opportunity. The property consists of a two-story, 35,320 square foot building situated on a 2.51-acre lot, with an additional 8.72 acres of adjacent land available for expansion. The main building features a large 15,716 square foot showroom, 16 oversized offices, a deluxe test kitchen, two employee lounges, a conference room, public and private restrooms on both floors, a service area, a warehouse, and seven truck bays. A fenced storage yard provides secure equipment storage. The property's strategic location off heavily trafficked US Hwy 190 boasts high visibility and accessibility, with proximity to Hammond North Shore Regional Airport and major interstate junctions I-12 and I-55. New Orleans and Baton Rouge are within an hour's drive. The asking price is $3,525,000, representing a price per square foot of $99.80. This vacant property offers significant potential for businesses seeking a strong presence in the Southeast region, with ample space for expansion and development on the additional lots. The property is currently vacant and ready for immediate occupancy. The property is classified as Industrial, with subtypes of Distribution, Flex, and Warehouse.

    Property Features for 17420 Hwy

    General Information

    Property type
    Distribution properties
    Square Feet
    35,320 SF
    Lot Size
    109,336 SF

    Building Details

    Buildings
    2

    HighLights

    • $3,525,000 asking price for a vacant industrial property.
    • 35,320 square feet, with a price per square foot of $99.80.
    • Two buildings on a 2.51‑8.72 acre lot in Hammond, LA.
    • Located off Hwy‑190 with high traffic counts, near Hammond North Shore Regional Airport, I‑12, and I‑55.
    • Includes a 31,320 sq ft two‑story building with showroom, offices, test kitchen, lounges, and warehouse space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Hammond
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.436340284642
    Latitude
    30.508495433393

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    FAQs

    What type of property is this?
    Distribution property - Prime LA Distribution Center, Vacant
    Where is this distribution property located?
    The property is located at 17420 Hwy Hammond, LA.
    What is the asking price?
    The asking price for this property is $3,525,000.
    What are key features of this property?
    This property features: $3,525,000 asking price for a vacant industrial property.; 35,320 square feet, with a price per square foot of $99.80.; Two buildings on a 2.51-8.72 acre lot in Hammond, LA.
    Request Owner's contact information
    17420 Hwy 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
    17420 Hwy Hammond, LA 70403
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