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    Airport Rd Hammond, LA 70403

    For Sale
    $630,095

    Prime Commercial Land, Hammond, LA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.63-acre commercial land parcel is strategically located on S. Airport Rd in Hammond, Louisiana, within Tangipahoa Parish, zip code 70403. The property is currently unzoned, presenting a unique opportunity for developers and investors to create a tailored project. Its expansive size offers significant potential for various commercial ventures. The location provides excellent visibility and accessibility, making it an attractive site for businesses seeking high traffic exposure. Given its size and prime location, this property is ideal for a wide range of commercial developments, from retail spaces and office buildings to industrial facilities or other suitable uses. The asking price is $630,095. This represents a compelling investment opportunity in a growing Louisiana market. Interested parties are encouraged to conduct their own due diligence to determine the suitability of the property for their specific needs and to explore potential development options. The latitude and longitude coordinates are 30.4895217, -90.4149667 respectively. This property is offered as-is.

    Property Features for 0 Airport Rd

    General Information

    Property type
    Land
    Lot Size
    114,563 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hammond
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.4149667
    Latitude
    30.4895217

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Hammond, LA
    Where is this land located?
    The property is located at Airport Rd Hammond, LA.
    What is the asking price?
    The asking price for this property is $630,095.
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    Airport Rd 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
    Airport Rd Hammond, LA 70403
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