This exceptional 2.84-acre property in Hammond, Louisiana, presents a unique investment opportunity. Located at 44530 S Airport Rd, Tangipahoa Parish, (APN 4597109.000000000000000), this vacant lot boasts a highly desirable location with easy access to I-12, Highway 190, and Hammond Municipal Airport. The property is zoned Rural and features a fully secured lot with a 30' x 46' metal building, offering warehouse, office, and restroom facilities. A new well is also on-site, along with an existing trailer. The property's previous use as an Airport Garden Center provides a solid foundation for various commercial ventures. Its strategic location on the booming Northshore offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a growing market. The asking price is $587,624. This versatile property is suitable for a range of uses, including retail, mixed-use, self-storage, and industrial applications. Don't miss this chance to acquire a prime commercial parcel in a thriving Louisiana community.

Property type Retail properties & Spaces

Lot 2.84 ac (123,710 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

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44530 Airport Rd Hammond, LA 70401

Hammond metro

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

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Value Estimation by Request
185,130 SF

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Value Estimation by Request

Morrison Blvd

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Value Estimation by Request
1.00 Acre

Airport Rd

Land

0 Airport Rd, Hammond, LA 70401

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Value Estimation by Request
1.00 Acre

17458 Us-190

Land

17458 Us-190, Hammond, LA 70401

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Value Estimation by Request
5.00 Acres

Vineyard Rd

Land

0 Vineyard Rd, Hammond, LA 70401

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