Technical
Financial
Distress signals
Property profile

47177 Conrad Rd Hammond, LA 70401

OFF-MARKET
Land
152,460 SF 3.5 ac lot
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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

Location

47177 Conrad Rd Hammond, LA 70401
Hammond metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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