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    1605 Bauerle Rd Hammond, LA 70403

    Sponsored
    For Sale
    $6,664,680

    Class A Offices, Prime Location

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office park in Hammond, Louisiana, presents a compelling investment opportunity. Located on 1.8 acres at 1605 Bauerle Rd, 70403, this fee-simple property boasts four single-story buildings totaling 11 units, offering flexible space ranging from 1,200 to 6,120 square feet. Built in 2024, the property features a NNN lease type and multi-tenancy, with a current asking price of $6,664,680 ($85/sq ft). The property is zoned MX-N (Mixed Use Neighborhood), allowing for diverse uses. Its strategic location less than a mile from the I-12 interchange provides convenient access to major thoroughfares and a thriving commercial area, including the Hammond Square Mall (featuring Home Depot, Target, and other major retailers), restaurants, and residential communities. The property is ideal for owner-users seeking a modern, well-located office space, or investors looking for a strong return in a rapidly growing market. Pad sites are available for sale, and build-to-suit options are available for lease. This is a rare opportunity to acquire a new construction, multi-tenant office park in a high-demand location. The property's proximity to amenities, including a fitness center and apartments, further enhances its appeal. The Tangipahoa Parish location benefits from being part of one of Louisiana's fastest-growing areas.

    Property Features for 1605 Bauerle Rd

    General Information

    Property type
    Medical offices
    Square Feet
    1,200 SF
    Class
    A
    Lot Size
    78,408 SF

    Building Details

    Year Built
    2024
    Buildings
    4
    Stories
    1
    Units
    11
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.461945939319
    Latitude
    30.487237303406

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    FAQs

    What type of property is this?
    Medical office - Class A Offices, Prime Location
    Where is this medical office located?
    The property is located at 1605 Bauerle Rd Hammond, LA.
    What is the asking price?
    The asking price for this property is $6,664,680.
    Request Owner's contact information
    1605 Bauerle Rd 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
    1605 Bauerle Rd Hammond, LA 70403
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