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Hammond Vacant Land Opportunity
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42318 Veterans Ave., Hammond, LA 70403

10 acres of vacant land near Highway 51 in Hammond.

Property SizeContact for details
Lot Size10.00 Acres
Days on Market1144

Property Features for 42318 Veterans Ave.

General Information

Standard status Active
Lot size 10.00 Acres
Property subtype Land
Zoning C3
Listing Agency: Stirling
Listed By: Daniel Cook · License #995713150
Source: Crexi
Added: Jul 7, 2023 Changed: Aug 22 Last Checked: Aug 23 at 3:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stirling

Investment Insights

Based on property information with market context.

This 10-acre vacant land parcel is located at 42318 Veterans Ave. in Hammond, LA. The property is positioned near Highway 51, Hammond Square Mall, and North Oaks Medical Center. Situated along Veterans Avenue (US Business 51), the land benefits from high visibility and accessibility, making it suitable for commercial development. Hammond has experienced consistent population growth, increasing the demand for commercial establishments. North Oaks Medical Center, a full-service hospital and one of the region's largest employers, is less than a mile south. Just north of the site are Interstate 12 and Hammond Square, a regional shopping center that includes Target, Dillard's, The Home Depot, and Academy Sports + Outdoors. Southeastern Louisiana University, the state's 3rd largest public university with nearly 15,000 students, is also nearby. The property holds development potential, supported by demographic data, traffic counts, and area growth trends. The presence of higher education institutions in Hammond, including Southeastern Louisiana University, contributes to the region's economic development and growth. Notable companies, such as Albemarle Corporation, Tangipahoa Parish School System, and Northshore Technical Community College, have established a presence in the Hammond market, further fueling economic growth and providing opportunities for collaboration and partnerships. The property offers a foundation for various commercial and mixed-use development ventures.

Key Highlights

  • Prime 10‑acre vacant land with excellent visibility and accessibility on Veterans Ave (US Business 51).
  • Strategic location near Highway 51, Interstate 12, Hammond Square Mall and North Oaks Medical Center.
  • Significant commercial development potential supported by strong area demographics, high traffic counts, and area growth trends.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Garden Center HVAC Service Locksmith Electrical Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

781
Businesses Nearby

Demographics for 70403, LA

29,737
Population
13,577
Households
2.2
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
42.3 sq mi
ZIP Area
703
Density / Sq Mi
$50,547
Median Household Income
$32,603
Median Earnings
$992
Median Rent
$207,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 10 acres of vacant land near Highway 51 in Hammond.
Where is this commercial land located?
The property is located at 42318 Veterans Ave. Hammond, LA.
What is the asking price?
The asking price for this property is $5,205,420.
What are key features of this property?
This property features: Prime 10‑acre vacant land with excellent visibility and accessibility on Veterans Ave (US Business 51).; Strategic location near Highway 51, Interstate 12, Hammond Square Mall and North Oaks Medical Center.; Significant commercial development potential supported by strong area demographics, high traffic counts, and area growth trends.
(541) 322-8880 Call to check price and availability
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