0 Crisp Rd Hammond, LA 70403
This exceptional industrial land offering encompasses approximately 26.6 acres, strategically positioned just west of Hammond, Louisiana's city limits. Enjoy convenient access to Interstate 12, placing this property within two miles of the vital I-55/I-12 interchange and less than an hour's drive from New Orleans. This assemblage comprises two parcels: one measuring approximately 17.75 acres and the other approximately 8.85 acres. Both parcels boast frontage on Crisp Road and are situated in Section 30, T6S-R7E, Tangipahoa Parish, LA. The property's significant size, totaling 1,158,696 square feet, is further enhanced by the presence of all necessary utilities and the absence of wetlands. The asking price is $1,582,700, translating to $59,500 per acre. The property's location within the LACDB - 85 submarket offers significant development potential. The APN is 30T6R70000049. This is a rare opportunity to acquire a large, well-located industrial site with immediate access to major transportation arteries. The absence of wetlands and the availability of all utilities significantly reduce development complexities and costs. This property is ideal for a variety of industrial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.