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    1500 Bauerle Rd Hammond, LA 70403

    For Sale
    $6,664,680

    1.8-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.8-acre commercial land parcel, located at 1500 Bauerle Road in Hammond, Louisiana, presents a unique investment opportunity. Situated in Tangipahoa Parish, this property is part of "Offices @ The Waters," a brand-new professional and medical office park. The land is ready for immediate construction, offering four pad sites available for purchase. These pad sites range in size from 4,200 to 6,120 square feet, providing flexibility for various development projects. The asking price for the entire 1.8-acre lot is $6,664,680, translating to a land value of $85 per square foot. In addition to the available pad sites, build-to-suit lease opportunities are also available, with office spaces ranging from 1,200 to 6,120 square feet. Turnkey build-out packages are available to streamline the development process. This property offers significant potential for investors seeking to capitalize on the growing demand for medical and professional office space in a thriving Louisiana community. The property's location within the new "Offices @ The Waters" development ensures high visibility and accessibility. The zip code is 70403. This is an exceptional opportunity to acquire a strategically located commercial land parcel in a rapidly developing area.

    Property Features for 1500 Bauerle Rd

    General Information

    Property type
    Land
    Lot Size
    78,408 SF

    HighLights

    • New Construction Medical and Professional Office Building.
    • Pad Sites Available for Sale.
    • Build‑to‑Suit Options Available for Lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -90.4612269
    Latitude
    30.4865815

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    FAQs

    What type of property is this?
    Land - 1.8-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 1500 Bauerle Rd Hammond, LA.
    What is the asking price?
    The asking price for this property is $6,664,680.
    What are key features of this property?
    This property features: New Construction Medical and Professional Office Building.; Pad Sites Available for Sale.; Build-to-Suit Options Available for Lease.
    Request Owner's contact information
    1500 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
    1500 Bauerle Rd Hammond, LA 70403
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