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Property profile

0 Crisp Rd Hammond, LA 70403

OFF-MARKET
Land
8.8 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 8.8 ac (383,328 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Crisp Rd Hammond, LA 70403
Hammond metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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