1101 C M Fagan Dr, Hammond, LA 70403
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.
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.