16030 Lamonte Dr Hammond, LA 70403-1404
This exceptional 6,250 square foot commercial building, situated on a 0.44-acre lot at 16030 Lamonte Drive in Hammond, Louisiana, presents a lucrative investment opportunity. The property is comprised of five individual suites, offering flexibility for a variety of business uses. Currently, a portion of the building is available for lease, with 2,500 square feet offered at a triple net rate of $12 per square foot. The building's total size provides ample space for multiple tenants or a single large-scale operation. Its location in Hammond offers convenient access to major roadways and a thriving local market. The asking price for the entire building is $850,000, making it an attractive proposition for investors seeking a strong return on investment. The existing lease structure provides immediate income potential, while the remaining space offers opportunities for further development and rental income generation. This property is a rare find in the Hammond commercial real estate market, combining size, location, and income potential into one attractive package. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is offered for sale or lease.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.