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    Rufus Bankston Rd Hammond, LA 70401

    Sponsored
    For Sale
    $450,000

    Prime Agricultural, Residential, & Industrial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 30-acre corner lot presents a unique investment opportunity in Hammond, Louisiana. Located at the northeast corner of Rufus Bankston Road and W. Kohnke Hill Road, this expansive parcel boasts 1,320 feet of road frontage, offering significant development potential. The property's versatile zoning allows for a variety of uses, including agricultural, residential, and industrial development, making it an ideal choice for a diverse range of projects. Its rural setting provides a tranquil atmosphere while remaining conveniently located near Hammond's amenities and infrastructure. The property's Assessed Parcel Number (APN) is 904708.000000000000000. With its substantial size and strategic location, this land offers exceptional flexibility for future development plans. The asking price for this remarkable property is $450,000. Serious inquiries are encouraged to explore the possibilities this unique offering presents. The property is located in Tangipahoa Parish, Louisiana, with a Hammond, LA 70401 zip code. This is a rare opportunity to acquire a large, versatile tract of land in a desirable location.

    Property Features for 0 Rufus Bankston Rd

    General Information

    Property type
    Farms
    Lot Size
    1,306,800 SF

    HighLights

    • 30‑acre corner lot in Hammond, LA, offering significant development potential.
    • 1,320 feet of road frontage on Rufus Bankston Road and W. Kohnke Hill Road.
    • Versatile zoning allows for agricultural, residential, and industrial uses.
    • APN: 904708.000000000000000.
    • Asking price: $450,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hammond
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.51662804
    Latitude
    30.53360883

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    FAQs

    What type of property is this?
    Farm - Prime Agricultural, Residential, & Industrial Land
    Where is this farm located?
    The property is located at Rufus Bankston Rd Hammond, LA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 30-acre corner lot in Hammond, LA, offering significant development potential.; 1,320 feet of road frontage on Rufus Bankston Road and W. Kohnke Hill Road.; Versatile zoning allows for agricultural, residential, and industrial uses.
    Request Owner's contact information
    Rufus Bankston Rd Hammond, LA 70401
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    Hammond, LA 70401
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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
    Rufus Bankston Rd Hammond, LA 70401
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