16195 Minnesota Park Rd, Hammond, LA 70403
This exceptional 2.5-acre commercial property presents a unique investment opportunity in Hammond, Louisiana's thriving corridor. Strategically situated near the bustling Hammond Square Mall and with convenient access to Interstate 12, this site enjoys high visibility and excellent connectivity. The property is zoned for a diverse range of uses, including commercial, multifamily residential, and light industrial development, providing considerable flexibility for potential buyers. This versatility allows for a wide array of development options, catering to various business needs and investment strategies. Preliminary site plans are available to illustrate potential development scenarios. Importantly, the property is located in Flood Zone X, minimizing flood risk and offering peace of mind to investors. The asking price of $450,000 represents a compelling value for a property of this size, location, and zoning potential in a rapidly growing area. This is an exceptional opportunity to acquire a prime piece of commercial real estate poised for significant future growth and return on investment. Serious inquiries are encouraged to explore the full potential of this remarkable property. Contact us today to schedule a viewing and discuss your development plans.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.