Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

1000 Coleman Ave Hammond, LA 70403-3922

  • Commercial real estate
  • 5,000 SF
  • 0.33 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US36-1161896
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Tangi Diesel Performance / Auto Repair Shop
  • DoneRite Spray Foam / General Contractor / Renovation Specialist
  • DoneRite HVAC / HVAC Service / General Contractor

Property Details for 1000 Coleman Ave

Year built
2013
Lot size
0.33 lot acres
Property size
5,000 SF
Property type
Commercial real estate
APN
3123618
APU
3123618

Description

This exceptional 5,000-square-foot flex warehouse/industrial property in Hammond, Louisiana, presents a compelling owner-user or investment opportunity. Located on a 0.46-acre lot at 1000 W Coleman Ave, 70403, this single-story building boasts a 100% occupancy rate with a strong, long-term tenant (Fastenal) under a 7-year NNN lease commencing October 31, 2024, and expiring November 30, 2031, including rent bumps. The property features two loading docks, ten parking spaces, and a fenced, stabilized gravel yard of approximately 9,100 square feet with multiple gates. Inside, the renovated (2022) space includes two offices, a conference room, a breakroom, and two bathrooms. An upstairs apartment with a full kitchen and bathroom adds further versatility. The asking price is $656,250, representing a price per square foot of $131.25 and an 8.00% cap rate with a net operating income (NOI) of $52,500. The property is zoned C-2 and offers convenient access to downtown Hammond. This turnkey investment provides a stable income stream and significant upside potential. The property's features, strong tenant, and prime location make it an ideal acquisition for discerning investors seeking a high-return, low-risk opportunity in a thriving market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Hammond
County
Tangipahoa
State
Louisiana
Longitude
-90.4706
Latitude
30.4991
CBSA code
25220
CBSA name
HAMMOND, LA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,926
$2,160
$20,880
$23,040
-
$21,600
$139,200
$160,800
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message