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Property profile

0 Highway 190 Hammond, LA 70403

OFF-MARKET
Land
8 ac lot
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Property summary

AI-generated overview

This exceptional 8-acre industrial land parcel presents a unique investment opportunity in Hammond, Louisiana. Strategically located at the intersection of Highway 190 and Booker Road, this property offers unparalleled access to major transportation arteries, facilitating seamless logistics and distribution. The absence of zoning restrictions provides significant flexibility for a wide range of industrial development projects, allowing for creative and adaptable uses. Priced at $2,265,120, or $283,140 per acre, this represents a compelling value proposition in a thriving market. The site's prime location is further enhanced by its proximity to a diverse mix of commercial, industrial, and residential developments, ensuring a robust and dynamic surrounding environment. Owner financing is available, making this an even more attractive proposition for qualified buyers. The property's substantial size and strategic location make it ideal for various industrial uses, from warehousing and distribution centers to manufacturing facilities and light industrial operations. This is a rare opportunity to acquire a significant land holding in a high-growth area with excellent infrastructure and accessibility. The absence of zoning restrictions opens up a world of possibilities for developers seeking a flexible and adaptable site for their next project. Don't miss this chance to secure a prime piece of industrial real estate in Hammond, Louisiana.

Property profile

Verified
Property type Land
Lot 8 ac (348,480 SF)

Cap rate & NOI

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

Location

Highway 190 Hammond, LA 70403
Hammond metro
Google Maps

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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