Technical
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Property profile

0 Crisp Rd Hammond, LA 70403

OFF-MARKET
Land
8.84 ac lot
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Property summary

AI-generated overview

This exceptional 26.6-acre commercial and industrial land parcel presents a significant investment opportunity in Hammond, Louisiana. Strategically located just west of Hammond city limits, this property boasts convenient access to Interstate 12 and is within two miles of the I-55/I-12 interchange, offering seamless connectivity to major transportation routes. Less than an hour's drive from New Orleans, this site provides unparalleled access to a large and diverse market. The assemblage comprises two parcels totaling 26.6+/- acres (17.75+/- acres and 8.8+/- acres), both with frontage on Crisp Road in Section 30, T6S-R7E, Tangipahoa Parish, LA. The property features 1,371 feet of road frontage and is served by all utilities. Importantly, the site is free of wetlands, simplifying development and reducing potential environmental concerns. The asking price is $1,582,700, translating to $59,500 per acre. The APN is 30T6R70000158. This prime location and readily available infrastructure make this a highly attractive proposition for a wide range of commercial and industrial developments. The zoning is currently unlisted.

Property profile

Verified
Property type Land
Lot 8.84 ac (385,070 SF)

Cap rate & NOI

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

Location

Crisp Rd Hammond, LA 70403
Hammond metro
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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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