14369 University Ave Hammond, LA 70401
- Land
- 2.28 lot acres
Current Use by Public Records
- Land
Property Details for 14369 University Ave
- Lot size
- 2.28 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hammond
- County
- Tangipahoa Parish
- State
- Louisiana
- Longitude
- -90.4928
- Latitude
- 30.5191