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Property profile & analytics
OFF-MARKET
Land

14497 University Ave Hammond, LA 70401

8.98 ac lot
Property ID
US36-1207365
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 8.98 ac (391,169 SF)
UPID US36-1207365
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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