Property summary
This exceptional 4.4-acre commercial and industrial property, located at 1300 N Morrison Blvd in Hammond, Louisiana, presents a unique investment opportunity. Boasting 15,108 square feet of space and a prominent 200-foot frontage on North Morrison Boulevard, one of Hammond's busiest thoroughfares, this Class C property offers significant potential. Built in 2005, the single-story building sits on a large lot, providing ample room for expansion or redevelopment. The asking price is $1,200,000, translating to $6.26 per square foot. The property's strategic location between Hammond's main retail area and Southeastern Louisiana University ensures high visibility and accessibility. This versatile site is ideal for various uses and offers flexible options including development, sale, lease, ground lease, and build-to-suit opportunities. Included in the sale is existing affordable home furnishings. The property's zip code is 70401. This is a prime opportunity to capitalize on a high-traffic location in a growing market.
Property profile
VerifiedCap rate & NOI
Current use
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Interior Design
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Furniture & Home Goods Home Decor Store
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Loan Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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