1517 Thomas St Hammond, LA 70401
- Commercial real estate
- 15,260 SF
- 0.98 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1517 Thomas St
- Year built
- 1972
- Lot size
- 0.98 lot acres
- Property size
- 15,260 SF
- Property type
- Commercial real estate
- APN
- 1477404
- APU
- 1477404
Description
This exceptional 15,260-square-foot retail property, located at 1517 W Thomas St in Hammond, LA, presents a compelling investment opportunity. Situated on a 0.98-acre lot with 50+ parking spaces, this Class C building boasts a prominent location along Highway 190, offering high visibility and convenient access to I-12 and I-55. Built in 1972, the single-story structure features three units with multiple entrances and a rear roll-up door, allowing for flexibility in tenant occupancy or subdivision. The property benefits from municipal sewer and water, three-phase power (3 * 200 Amps), and central HVAC. Its zoning (B-2) permits a variety of uses. The large lot (130 ft frontage, 326 ft depth) is located in Flood Zone X. Previously occupied for nearly 15 years by a successful consignment store, this property is a recognizable landmark in the community, close to downtown Hammond and Southeastern Louisiana University. The asking price is $1,350,000 ($88.47/sq ft).
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hammond
- County
- Tangipahoa
- State
- Louisiana
- Longitude
- -90.4775
- Latitude
- 30.5004
- CBSA code
- 25220
- CBSA name
- HAMMOND, LA MICROPOLITAN STATISTICAL AREA
