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    OFF-MARKET
    Commercial real estate

    1101 C M Fagan Dr, Hammond, LA 70403

    4,015 SF Built 2008
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1101 CM Fagan Drive in Hammond, Louisiana, presents a unique investment opportunity. The building, totaling 4,015 square feet, is a recently vacated bank branch, offering a turnkey solution for a variety of commercial uses. Its prime location ensures high visibility and significant foot and vehicular traffic, making it ideal for businesses seeking maximum exposure. A key feature of this property is its inclusion of two convenient drive-through windows, perfectly suited for financial institutions, fast-food restaurants, or similar businesses requiring quick and efficient customer service. Furthermore, an ATM drive-through is already in place, adding further convenience and potential revenue streams. The building sits on a lot with no acreage specified, but its strategic location within Hammond guarantees excellent accessibility and ample parking opportunities. The asking price for this remarkable property is $2,665,000. This represents a significant opportunity to acquire a well-maintained, strategically located commercial building with exceptional features and high potential for return on investment. Serious inquiries are encouraged to explore this promising venture further.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2008
    Total area 4,015 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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