0 Airport Rd Hammond, LA 70403
This exceptional 2.63-acre commercial property in Hammond, Louisiana, presents a compelling investment opportunity. Located on S. Airport Rd, this single-tenancy site boasts a strategic location with direct access to Interstate 12, offering unparalleled visibility and convenient access for businesses and customers. The asking price is $630,095, translating to $239,580 per acre and $5.50 per square foot. The property's prime location is further enhanced by its proximity to a recently opened McDonald's and a planned Waffle House, as well as numerous other commercial and industrial developments in various stages of completion. This area of Tangipahoa Parish is experiencing significant growth, providing a robust and expanding consumer base. The property offers easy access to the greater Hammond area, including the Hammond Regional Airport (just two miles north), Hammond Square Mall (two miles west on I-12), and the New Orleans Central Business District (less than an hour south). Furthermore, its proximity to major transportation arteries, including I-12, I-55, and LA Highways 190 and 22, ensures seamless connectivity and logistical efficiency. The property's APN is 2015803.000000000000000. This is an ideal location for businesses seeking high visibility and convenient access to a growing market. The property is zoned for Retail, Hospitality, and Land uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.