Property profile

2103 Us-190 Hammond, LA 70401

OFF-MARKET
Warehouses
18,656 SF 1.35 ac lot Built 1984
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Property summary

AI-generated overview

This exceptional 18,656-square-foot industrial property, located at 2103 US-190 in Hammond, Louisiana, presents a unique investment opportunity. Built in 1984 and extensively renovated in 2022, this two-story building sits on a 1.35-acre lot and offers a versatile blend of warehouse and flex space, ideal for various business needs. The property features a spacious front showroom with convenient grade-level access, complemented by five additional grade-level doors and a truck well with a new door, significantly enhancing loading and distribution efficiency. Inside, find 1,600 square feet of newly constructed office space, providing ample room for administrative functions. Climate control is ensured by newly installed 15- and 25-ton package HVAC units. Safety and security are prioritized with a modern ESFR sprinkler system and a comprehensive alarm system. The property also boasts a fenced-in paved yard, offering substantial outdoor storage space. This prime industrial space in a thriving area is ready for immediate occupancy. The asking price is $2,000,000. Six loading docks and one dock-high door further enhance operational capabilities. New lighting throughout the building completes this impressive offering.

Property profile

Verified
Property type Warehouses
Year built 1984
Total area 18,656 SF
Lot 1.35 ac (58,806 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2103 Us-190 Hammond, LA 70401
Hammond metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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