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    OFF-MARKET
    Land

    1500 Bauerle Rd, Hammond, LA 70403

    1.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.8-acre commercial land parcel, located at 1500 Bauerle Road in Hammond, Louisiana, presents a unique investment opportunity. Situated in Tangipahoa Parish, this property is part of "Offices @ The Waters," a brand-new professional and medical office park. The land is ready for immediate construction, offering four pad sites available for purchase. These pad sites range in size from 4,200 to 6,120 square feet, providing flexibility for various development projects. The asking price for the entire 1.8-acre lot is $6,664,680, translating to a land value of $85 per square foot. In addition to the available pad sites, build-to-suit lease opportunities are also available, with office spaces ranging from 1,200 to 6,120 square feet. Turnkey build-out packages are available to streamline the development process. This property offers significant potential for investors seeking to capitalize on the growing demand for medical and professional office space in a thriving Louisiana community. The property's location within the new "Offices @ The Waters" development ensures high visibility and accessibility. The zip code is 70403. This is an exceptional opportunity to acquire a strategically located commercial land parcel in a rapidly developing area.

    Property profile
    Verified
    Property type Land
    Lot 1.8 ac (78,408 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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