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    12 Frontage Rd Hammond, LA 70403

    Sponsored
    For Sale
    $2,300,000

    High-visibility Hammond, LA land. 4.18 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.18-acre commercial and residential land parcel presents a unique investment opportunity in Hammond, Louisiana. Boasting prime Interstate 12 frontage, this property offers unparalleled visibility and accessibility, with over 70,000 cars passing daily on I-12 and over 10,000 on Airport Road. Its strategic location near the Hammond Regional Commerce Center and Chappapeela Sports Park ensures high traffic volume and a strong potential customer base. Neighboring established businesses include McDonald's, Waffle House, Popeye's, and Quizno's, indicating a thriving commercial environment. All utilities are conveniently available on-site. Furthermore, this property is situated entirely outside of the flood zone, providing peace of mind and minimizing risk. A recent ALTA survey, completed in September 2020, is available for review. The asking price is $2,300,000, with a land value of $489,821 per square foot. The property's APN is 1746804.000000000000000. This is a rare opportunity to acquire a high-traffic, high-visibility property in a rapidly growing area. Don't miss out on this exceptional investment prospect.

    Property Features for 12 Frontage Rd

    General Information

    Property type
    Land
    Lot Size
    182,081 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hammond
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.414984438095
    Latitude
    30.479818285936

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    FAQs

    What type of property is this?
    Land - High-visibility Hammond, LA land. 4.18 acres.
    Where is this land located?
    The property is located at 12 Frontage Rd Hammond, LA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    Request Owner's contact information
    12 Frontage 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
    12 Frontage Rd Hammond, LA 70403
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