0 University Ave Hammond, LA 70401
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.
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.