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    Highway 190 Hammond, LA 70403

    Sponsored
    For Sale
    $2,265,120

    8-Acre Industrial Land, Hammond, LA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8-acre industrial land parcel presents a unique investment opportunity in Hammond, Louisiana. Strategically located at the intersection of Highway 190 and Booker Road, this property offers unparalleled access to major transportation arteries, facilitating seamless logistics and distribution. The absence of zoning restrictions provides significant flexibility for a wide range of industrial development projects, allowing for creative and adaptable uses. Priced at $2,265,120, or $283,140 per acre, this represents a compelling value proposition in a thriving market. The site's prime location is further enhanced by its proximity to a diverse mix of commercial, industrial, and residential developments, ensuring a robust and dynamic surrounding environment. Owner financing is available, making this an even more attractive proposition for qualified buyers. The property's substantial size and strategic location make it ideal for various industrial uses, from warehousing and distribution centers to manufacturing facilities and light industrial operations. This is a rare opportunity to acquire a significant land holding in a high-growth area with excellent infrastructure and accessibility. The absence of zoning restrictions opens up a world of possibilities for developers seeking a flexible and adaptable site for their next project. Don't miss this chance to secure a prime piece of industrial real estate in Hammond, Louisiana.

    Property Features for 0 Highway 190

    General Information

    Property type
    Land
    Lot Size
    348,480 SF

    HighLights

    • $6.50 per square foot (PSF) asking rent.
    • Owner financing options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hammond
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.4798548
    Latitude
    30.5009304

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    FAQs

    What type of property is this?
    Land - 8-Acre Industrial Land, Hammond, LA
    Where is this land located?
    The property is located at Highway 190 Hammond, LA.
    What is the asking price?
    The asking price for this property is $2,265,120.
    What are key features of this property?
    This property features: $6.50 per square foot (PSF) asking rent.; Owner financing options available.;
    Request Owner's contact information
    Highway 190 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
    Highway 190 Hammond, LA 70403
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