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    OFF-MARKET
    Land

    0 Bankston Rd, Hammond, LA 70403

    76.67 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 76.67-acre commercial land tract presents a compelling investment opportunity in Hammond, Louisiana. Strategically located on Bankston Road, this property enjoys unparalleled access to major transportation arteries, sitting approximately two miles from both Interstate 55 and Interstate 12. This prime location also places it within a three-mile radius of a thriving regional shopping center anchored by national retailers such as Walmart, Rouses, Chick-fil-A, Starbucks, and Cane's. The property's immediate surroundings are characterized by significant recent residential development, with over 400 homes constructed in neighboring subdivisions including Arlington Heights, Audubon Trace, Copper Hill, and Wellington Estates. This established residential presence underscores the strong local demand and the property's high development potential. The area further benefits from its proximity to Southeastern Louisiana University, known for being the safest campus in Louisiana, adding to its family-friendly appeal. The asking price is $1,437,500, translating to a land value of $0.43 per square foot. The property's Assessed Parcel Number (APN) is 3750108. Please note that a wetlands determination has yet to be conducted for this site. The property is zoned for commercial use and is situated within flood zones X and A. This offering represents a rare chance to acquire a substantial land parcel in a rapidly growing area with excellent infrastructure and strong demographics.

    Property profile
    Verified
    Property type Land
    Lot 76.67 ac (3,339,745 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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