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    1420 Railroad Ave Hammond, LA 70403

    Sponsored
    For Lease
    $27 SF/Yr

    Hammond, LA Office Space For Lease

    Lot size:
    12,336 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A commercial property, the Fleur de Lis Center, offers 12,336 square feet of prime office space in Hammond, Louisiana. Located at 1420 SW Railroad Ave, this 2-story building boasts two available suites, totaling 3,387 square feet of vacant space. Individual suites range from a minimum of 1,687 square feet to a maximum contiguous space of 1,700 square feet, with the possibility of combining units. Built in 2023, the center enjoys a highly visible location near Hammond Square Mall, providing excellent access to I-12 and major city streets. The property sits on 0.83 acres and is zoned C-1. Each suite is a gray shell, featuring a glass storefront, individual HVAC systems, exterior electric panels ready for meters, and stubbed-out sewer and water lines. A tenant improvement allowance is available. This is an ideal opportunity for retail, medical, or professional office users seeking a strategic location in a thriving market within Tangipahoa Parish. The property's modern design and convenient location offer a compelling opportunity for businesses seeking long-term success.

    Property Features for 1420 Railroad Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,336 SF
    Class
    A
    Total Rate
    28270

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite B
    Size
    1,700 SF
    Rate per SF
    $27
    Space
    Suite C
    Size
    1,687 SF
    Rate per SF
    $27

    HighLights

    • Brand new (2023) Class A office building, ideal for retail, medical, or office users.
    • High visibility on SW Railroad Ave. with over 15,000 vehicles per day.
    • C‑1 zoning allows diverse commercial and retail uses.
    • Excellent location near Hammond Square Mall, with easy I‑12 access.
    • Surrounded by strong supporting businesses and residential areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Link Abstracting, LLC Legal Services Fleur De Lis ... Title Company Aspen Clinic Weight Loss Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Auto Parts 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
    -90.4570164
    Latitude
    30.4903812

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    FAQs

    What type of property is this?
    Retail property - Hammond, LA Office Space For Lease
    Where is this retail property located?
    The property is located at 1420 Railroad Ave Hammond, LA.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Brand new (2023) Class A office building, ideal for retail, medical, or office users.; High visibility on SW Railroad Ave. with over 15,000 vehicles per day.; C-1 zoning allows diverse commercial and retail uses.
    Request Owner's contact information
    1420 Railroad Ave 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
    1420 Railroad Ave Hammond, LA 70403
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