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Property profile & analytics
OFF-MARKET
Land

0 University Dr Hammond, LA 70401

11.36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.36-acre commercial land parcel presents a unique investment opportunity in Hammond, Louisiana. Boasting unparalleled visibility from Interstate access, this property enjoys high traffic counts, ensuring maximum exposure for any commercial venture. The land is conveniently located on University Drive in Tangipahoa Parish, zip code 70401, offering immediate access to the interstate, a crucial advantage for businesses requiring convenient transportation links. The asking price for this significant tract is $1,500,000. While the land value per square foot is listed as $0/SF, the strategic location and high visibility significantly outweigh this metric. The property's prime location makes it ideal for a wide range of commercial developments, from retail and restaurants to light industrial and logistics facilities. Further enhancing its appeal, additional surrounding acreage is also available for potential expansion or complementary development. This presents a rare chance to acquire a substantial piece of commercial real estate with exceptional visibility and immediate interstate access in a thriving Louisiana market. Don't miss this opportunity to secure a prime location for your next commercial project.

Property profile
Verified
Property type Land
Lot 11.36 ac (494,842 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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