14497 University Ave Hammond, LA 70401
This exceptional 8.98-acre commercial land parcel presents a unique investment opportunity in Hammond, Louisiana. Strategically located near Southeastern Louisiana University, this property boasts significant frontage (approximately 664 feet) on University Avenue, a bustling thoroughfare at a fully signalized intersection. Its convenient access to both I-12 and I-55 interstates provides unparalleled connectivity for businesses. The Hammond Northshore Regional Airport is also within a short driving distance, adding to its logistical advantages. The site is further enhanced by the presence of all utilities either on or immediately adjacent to the property. Priced at $3,324,934, or $370,259 per acre, this land offers substantial potential for development given its size, location, and accessibility. The property's address is 14497 W University Ave, Hammond, LA 70401, situated in Tangipahoa Parish. This prime location, coupled with its proximity to major transportation arteries and a significant educational institution, makes it an ideal site for a variety of commercial ventures. The land's considerable size allows for flexibility in development plans, catering to a wide range of potential uses. Don't miss this chance to secure a highly desirable commercial property in a thriving Louisiana market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.