Technical
Financial
Distress signals
Property profile

1420 SW Railroad Ave Hammond, LA 70403

FOR LEASE
Retail space
Property ID
US36-0801456
Built 2023
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

Brand new construction, +/- 1,700 SF available. Ideal for retail/office users for lease, located in the Fleur de Lis Center in Hammond, Louisiana. The center is home to Fleur de Lis Law & Title Company and has one (1) unit remaining. Just north of Hammond Square Mall, this location is ideal for retail, medical, and professional office users seeking excellent visibility and convenient access to one of the city's busiest streets. With its quick access to I-12 and the city streets of Hammond, the site provides strategic access to help your business achieve long-term success. Suite is offered as a gray shell. The landlord will provide a tenant improvement allowance. Each unit includes one (1) HVAC system, a glass storefront, an exterior electric panel (ready to receive a meter), and sewer/water stubbed out in each suite.

Property profile

Verified
Property type Retail space
Year built 2023
UPID US36-0801456

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Law Firm
  • Title Company Estate Planning Attorney
  • Weight Loss Service Doctor

Location

1420 SW Railroad Ave Hammond, LA 70403
Hammond metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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