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Property profile & analytics
OFF-MARKET
Land

47177 Conrad Rd Hammond, LA 70401

152,460 SF 3.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.5-acre parcel of cleared industrial land presents a remarkable opportunity for development in the thriving Hammond Industrial Park. Strategically located just north of the Hammond Northshore Regional Airport and US Highway 190, this property offers unparalleled access and visibility. The land is zoned I-L (Light Industrial), allowing for a wide range of industrial uses. The site encompasses approximately 152,460 square feet, priced competitively at $1.50 per square foot, totaling $228,690. Note that a 50-foot drainage servitude for Skull's Creek occupies half of the northern boundary. Purchasers are responsible for paving the 45-foot access point on Conrad Anderson Road. This property's prime location, combined with its generous size and favorable zoning, makes it an ideal investment for businesses seeking a strategic foothold in the Hammond area. The proximity to major transportation arteries ensures seamless logistics and efficient distribution networks. This is a rare opportunity to acquire a well-situated industrial land parcel ready for immediate development. Detailed surveys are recommended.

Property profile
Verified
Property type Land
Total area 152,460 SF
Lot 3.5 ac (152,460 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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