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Property profile & analytics
OFF-MARKET
Land

0 Pleasant Ridge Rd Hammond, LA 70403

8.49 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.493-acre property presents a unique investment opportunity in Hammond, Louisiana. Located off I-12 Service Road on E Pleasant Ridge Rd, this land boasts versatile zoning, designated as Industrial (APN: 5610818000000000000000). The asking price is $924,561, translating to a land value of $108,900 per acre. The property's diverse zoning allows for agricultural, commercial, and industrial uses, providing significant flexibility for future development. Adding to its appeal is a 2500 square foot house situated on the premises, currently in excellent condition. This existing structure could serve multiple purposes, from on-site management to potential rental income. The property's convenient location near I-12 Service Road ensures easy access to major transportation routes, making it an attractive site for businesses requiring efficient logistics. This prime location in Tangipahoa Parish, Louisiana, zip code 70403, offers a compelling combination of land size, zoning flexibility, and existing infrastructure, making it an ideal investment for a wide range of development projects. The property's coordinates are 30.4864061 latitude and -90.4250742 longitude.

Property profile
Verified
Property type Land
Lot 8.49 ac (369,955 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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