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    Jamestown Business Park Hammond, LA 70403

    Sponsored
    For Sale
    $7,781,994

    71-acre industrial site, I-12 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 71.46-acre industrial land parcel, known as Jamestown Business Park, presents a significant investment opportunity in Hammond, Louisiana. Located in Tangipahoa Parish, with a zip code of 70403, this property boasts a prime location offering unparalleled access to major transportation arteries. Its proximity to Interstate 12 and Highway 190, along with its convenient access via Gahn Lane, ensures efficient distribution and manufacturing operations. The site is further enhanced by its proximity to Hammond Regional Airport and Southeast Louisiana University, underscoring its long-term viability and potential for attracting a skilled workforce. The property is a Louisiana Economic Development Certified Site, signifying its readiness for immediate development. While adjacent to Hammond city limits, it currently lacks pre-designated zoning, allowing for flexibility in development plans. Existing land use includes industrial, mining, and timber operations. Local, regional, and state economic development agencies actively support diverse uses, including industrial manufacturing, distribution centers, and office campuses. The strategic location, just 7 miles from the I-12/I-55 interchange, provides quick access to both north-south and east-west transportation routes. The asking price is $7,781,994, translating to $108,900 per acre. The property is situated in Flood Zone X. The site is suitable for build-to-suit projects or ground leases. APN: 22105C0345F.

    Property Features for 0 Jamestown Business Park

    General Information

    Property type
    Agricultural land
    Lot Size
    3,112,798 SF

    HighLights

    • $108,900 per acre, 71.46‑acre industrial land parcel in Hammond, LA.
    • Flood Zone X.
    • Excellent regional accessibility via I‑12, Hwy 190, and I‑55 interchange.
    • Strong workforce due to proximity to Southeast Louisiana University.
    • Build‑to‑suit or ground lease options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hammond
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.4351025
    Latitude
    30.4981881

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    FAQs

    What type of property is this?
    Agricultural land - 71-acre industrial site, I-12 access.
    Where is this agricultural land located?
    The property is located at Jamestown Business Park Hammond, LA.
    What is the asking price?
    The asking price for this property is $7,781,994.
    What are key features of this property?
    This property features: $108,900 per acre, 71.46-acre industrial land parcel in Hammond, LA.; Flood Zone X.; Excellent regional accessibility via I-12, Hwy 190, and I-55 interchange.
    Request Owner's contact information
    Jamestown Business Park 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
    Jamestown Business Park Hammond, LA 70403
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