2100 Morrison Blvd Hammond, LA 70401
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.