0 University Dr Hammond, LA 70401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.