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Property profile & analytics
OFF-MARKET
Land

0 University Ave Hammond, LA 70401

20.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20.2-acre commercial land parcel presents a unique investment opportunity in Hammond, Louisiana. Strategically located along Interstate 55, this property boasts unparalleled visibility and accessibility, ensuring high traffic exposure for any commercial venture. Situated at a busy intersection on University Avenue in Tangipahoa County, the site benefits from its proximity to established restaurants and retail businesses, creating a synergistic environment for potential development. The asking price is $1,800,000. The property's substantial size offers ample space for a wide range of commercial uses, from large-scale retail developments to industrial facilities. Its prime location and high traffic count make it an ideal choice for businesses seeking maximum visibility and accessibility. The zip code is 70401. This is a rare opportunity to acquire a significant commercial land parcel in a thriving Louisiana market with excellent interstate access. The property's location offers significant advantages for businesses seeking to capitalize on the high volume of traffic along I-55. This is a truly exceptional opportunity for investors and developers seeking a high-impact commercial property.

Property profile
Verified
Property type Land
Lot 20.2 ac (879,912 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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