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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

2100 Morrison Blvd Hammond, LA 70401

185,130 SF 4.52 ac lot
Property ID
US36-1219276
Property summary
AI-generated overview

This exceptional 4.52-acre commercial property presents a rare development opportunity in Hammond, Louisiana. Strategically positioned at the intersection of North Morrison Boulevard and University Avenue, this high-visibility site boasts approximately 590 feet of frontage on North Morrison Boulevard and 333 feet on University Avenue. The property's location offers unmatched accessibility, situated at a fully signalized intersection providing easy access to Interstate 12 and Interstate 55, as well as the Hammond Northshore Regional Airport. This coveted corner lot is zoned C-2, ensuring a wide range of development possibilities. All utilities are readily available on or near the site, simplifying the development process. The property's substantial size (185,130 square feet) and prime location at the gateway to Southeastern Louisiana University make it an ideal site for a variety of commercial ventures, including but not limited to bank branches, convenience stores, and grocery stores. The high traffic volume and excellent visibility make this a truly exceptional investment opportunity. The asking price for this remarkable property is $5,025,168. Don't miss this chance to acquire a premier commercial development site in a thriving Louisiana market.

Property profile
Verified
Property type Grocery and convenience stores
Total area 185,130 SF
Lot 4.52 ac (196,891 SF)
UPID US36-1219276
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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CAP Approach CAP
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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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