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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Airport Rd Hammond, LA 70403

1.22 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.22-acre commercial and industrial property, located at the northeast corner of Interstate 12 and Airport Road in Hammond, Louisiana (APN 22105C0435F), presents a unique investment opportunity. Boasting over 181 feet of Interstate 12 frontage and 221 feet of frontage on Airport Road, this parcel (Parcel 14B) benefits from exceptional visibility and accessibility. Situated next to a newly developed Burger King, the site enjoys a shared driveway off HiPark Boulevard, providing convenient ingress and egress. The property's strategic location at the entrance to the Hammond Regional Commerce Center and Chappapeela Sports Park ensures high traffic volume, with daily counts exceeding 11,000 vehicles on Airport Road and over 81,000 on I-12 (2019 data). The asking price is $930,006, translating to $17.50 per square foot and $762,300 per acre. This single-tenancy retail and land property offers owner financing, making it an attractive proposition for developers and investors seeking a high-traffic, high-visibility location in a rapidly growing area. The property is zoned for commercial and industrial uses.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.22 ac (53,143 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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