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    Vineyard Rd Hammond, LA 70401

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    151 Acres, Hammond, LA - Prime Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 151.44-acre vacant land parcel presents a unique opportunity for diverse development in Hammond, Louisiana. Located in Tangipahoa Parish, with a 70401 zip code, this property offers significant potential for commercial, industrial, and residential projects. The land is currently vacant and ready for immediate development, boasting convenient access to major transportation arteries, including interstates, rail, airports, and intermodal facilities. Its strategic location near the Gulf of Mexico and its designation as a "Crossroads of the South" highlight its logistical advantages. The area is known for its strong educational resources, fostering a skilled workforce, and its vibrant culture attracts young professionals. This makes it an ideal location for businesses seeking to expand their supply chains and capitalize on the region's economic growth. The property's size allows for large-scale projects, while its versatility accommodates a range of development options, from single-family homes to industrial facilities and commercial ventures. The price per acre ranges from $69,000 to $115,000, reflecting the property's prime location and development potential. The property's Assessed Parcel Number (APN) is 975303. This is a truly exceptional opportunity to invest in a thriving Louisiana community with unparalleled access to transportation and a highly skilled workforce. The property is situated at Vineyard Rd, Hammond, LA.

    Property Features for 0 Vineyard Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hammond
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.425405988751
    Latitude
    30.534070688301

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    FAQs

    What type of property is this?
    Land - 151 Acres, Hammond, LA - Prime Development
    Where is this land located?
    The property is located at Vineyard Rd Hammond, LA.
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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
    Vineyard Rd Hammond, LA 70401
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