0 Bankston Rd, Hammond, LA 70403
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.
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.