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    1706 Railroad Ave Hammond, LA 70403

    Sponsored
    For Lease
    $28 SF/Yr

    Prime Retail/Office Space in Hammond, LA

    Lot size:
    16,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Plaza 51 Hammond presents a unique opportunity for businesses seeking high-visibility retail or office space. This single-story, 16,250 square foot building, constructed in 2003, sits on a 1.02-acre lot in Tangipahoa Parish, Louisiana, with convenient access to I-12 and the Hammond Square Mall. Currently, 6,250 square feet of space is available, with a minimum lease size of 1,250 square feet and a maximum of 6,250 square feet. The building features a 10-foot ceiling height and ample parking with 42 spaces. The property is zoned CH - Highway Commercial (APN: 6080766.000000000000000) and is ideally suited for restaurants, offices, and various retail uses. Preliminary improvements are planned, including upgrades to parking areas, façade, and major building components. Spaces will be delivered in "white box" condition unless otherwise specified by the tenant. Lease rates will vary depending on lease terms, conditions, and tenant improvement allowances. This location offers excellent visibility and access, making it an ideal choice for businesses seeking long-term success in the thriving Hammond market. The property's strategic location near I-12 ensures easy access for customers and employees.

    Property Features for 1706 Railroad Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,250 SF
    Total Rate
    37916.67

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 6
    Size
    1,250 SF
    Rate per SF
    $32
    Space
    Suite 7
    Size
    1,250 SF
    Rate per SF
    $30
    Space
    Suite 8
    Size
    1,250 SF
    Rate per SF
    $28
    Space
    Suite: 5
    Size
    1,250 SF
    Rate per SF
    $32
    Space
    Suite: 4
    Size
    1,250 SF
    Rate per SF
    $32
    Property Profile Location Intelligence

    Current Use by Public Records

    Patient Plus Urgent ... Urgent Care Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.45734
    Latitude
    30.486254

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Retail/Office Space in Hammond, LA
    Where is this office property / space located?
    The property is located at 1706 Railroad Ave Hammond, LA.
    What is the lease rate?
    The lease rate is $28-$32 SF/Yr.
    Request Owner's contact information
    1706 Railroad Ave 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
    1706 Railroad Ave Hammond, LA 70403
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