Thomas St Hammond, LA 70401
- Land
- 35.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Thomas St
- Lot size
- 35.00 lot acres
- Property type
- Land
Description
This exceptional 35-acre commercial land parcel presents a unique investment opportunity in Hammond, Louisiana. Strategically located on W Thomas Street, a major commercial artery boasting 29,978 vehicles per day, this property offers unparalleled visibility and accessibility. Its position between W Thomas Street and Old Baton Rouge Highway (9,396 vpd), and its proximity to I-55 and US Route 51, ensures high traffic exposure. The land's value is further enhanced by its location within the path of a proposed Market Street extension connecting to Old Baton Rouge Highway, creating significant future development potential. This extension would directly impact the property, opening up additional development opportunities. Hammond, the largest city in Tangipahoa Parish, is a key distribution hub for major companies like Walmart and Medline Industries, and is home to Southeastern University with over 15,500 students, providing a robust and diverse market. The property is priced competitively at $15.00 to $23.00 per square foot, depending on the parcel size and location. This prime location, coupled with the proposed infrastructure improvements, makes this an ideal site for a variety of commercial developments. The property is available for purchase in part or in whole. Detailed site plans and further information are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hammond
- County
- Tangipahoa Parish
- State
- Louisiana
- Longitude
- -90.4784
- Latitude
- 30.5009
