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Financial
Distress signals
Property profile

109 Minnesota Park Rd Hammond, LA 70403

OFF-MARKET
Commercial real estate
Property ID
US36-1074419
1,000 SF 1 ac lot Built 1985
Last sale Dec 2009 · $155,000
Individually Owned Owner of record is an individual. 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional mixed-use condo presents a compelling investment opportunity in the vibrant city of Hammond, Louisiana. Located at 109 W Minnesota Park Rd, 70403, this property boasts a prime location offering convenient access to Hammond Square, Interstate 12, and Downtown Hammond, ensuring high visibility and accessibility. The 1,200 square foot space is housed within a two-story building constructed in 1985 and classified as Class C. The property is zoned for commercial use, providing…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$835
Tax billed · 2023
Assessed value$10k
Assessed land$1k
Assessed improvement$9k
Effective rate8.36%

Value estimate

· Oct 2026
$95k
$86k – $105k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$101/SF
ZIP average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$73 – $152
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionTANGIPAHOA

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.7
Garden Center10.5
Electrical Service10.0

Location

109 Minnesota Park Rd Hammond, LA 70403-6130
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
42257 Yellow Water, Hammond, LA 70403-1036 $179,900 Dec 2025 1,200 SF
806 Morris, Hammond, LA 70403-4452 $190,000 Apr 2024 1,328 SF
2208 Rue Simone, Hammond, LA 70403-5730 $147,000 Dec 2023 1,320 SF
43234 Pumpkin Ctr, Hammond, LA 70403-2705 $950,000 Sep 2023 2,100 SF
1024 Cypress, Hammond, LA 70403-5157 $224,000 Aug 2023 1,553 SF
902 C M Fagan, Hammond, LA 70403-6043 $140,000 Jul 2023 900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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