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    47151 Conrad Rd Hammond, LA 70401

    For Sale
    $3,524,875

    Louisiana Industrial Land, I-12 Access, Shovel Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 40.46-acre industrial land parcel presents a compelling investment opportunity in Hammond, Louisiana. Located within the Hammond Industrial Park, this property boasts convenient access to Interstate 12, ensuring seamless transportation and logistics. The site is certified by the Louisiana Department of Economic Development as "shovel ready," signifying its immediate readiness for development. Its prime location behind the Hammond Airport further enhances its appeal. The property is zoned for industrial use, providing flexibility for a wide range of development projects. This significant acreage offers substantial potential for businesses seeking a strategic location with excellent infrastructure and accessibility. The ownership structure is an LLC. Detailed information regarding this certified site can be found through the provided links in the original listing. This is a rare opportunity to acquire a large, fully prepared industrial site in a rapidly growing area. The property's location and "shovel ready" status make it an ideal choice for immediate development. This prime industrial land is ready for your vision.

    Property Features for 47151 Conrad Rd

    General Information

    Property type
    Land
    Lot Size
    1,762,438 SF

    HighLights

    • $3,524,875 asking price.
    • 40.46‑acre industrial land parcel.
    • Located in Hammond, LA, in the Hammond Industrial Park.
    • Easy I‑12 access.
    • Shovel‑ready site, certified by the Louisiana Department of Economic Development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hammond
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.417147060933
    Latitude
    30.539657868485

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    FAQs

    What type of property is this?
    Land - Louisiana Industrial Land, I-12 Access, Shovel Ready
    Where is this land located?
    The property is located at 47151 Conrad Rd Hammond, LA.
    What is the asking price?
    The asking price for this property is $3,524,875.
    What are key features of this property?
    This property features: $3,524,875 asking price.; 40.46-acre industrial land parcel.; Located in Hammond, LA, in the Hammond Industrial Park.
    Request Owner's contact information
    47151 Conrad Rd Hammond, LA 70401
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    Hammond, LA 70401
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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
    47151 Conrad Rd Hammond, LA 70401
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