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Property profile & analytics
OFF-MARKET
Land

14369 University Ave Hammond, LA 70401

2.28 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.28-acre vacant land parcel presents a remarkable development opportunity in Hammond, Louisiana. Located at 14369 W University Ave, this property boasts approximately 166 feet of frontage along the highly trafficked West University Avenue, offering excellent visibility and accessibility. Its strategic location is just 0.5 miles from Interstate 55 and less than 1.5 miles from Southeastern Louisiana University, ensuring high traffic volume and a strong potential customer base. The land has been largely cleared of trees, simplifying the development process and minimizing site preparation costs. This property is ideally suited for a variety of commercial or residential projects, capitalizing on its prime location and significant frontage. For investors seeking a larger footprint, the seller prefers to sell this lot in conjunction with an adjacent, identical parcel (MLS #2312226), creating a combined 4.56 acres with 333 feet of frontage. This combined offering presents an unparalleled opportunity for large-scale development in a thriving area. The property is zoned for both residential and commercial use, providing flexibility for a wide range of development plans. This is a rare opportunity to acquire a significant land holding in a high-demand location. The property is ready for immediate development, making it an attractive investment for both experienced developers and those new to the market. The location's proximity to major transportation arteries and a prominent university makes it an ideal site for a variety of commercial ventures or residential projects.

Property profile
Verified
Property type Land
Lot 2.28 ac (99,317 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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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