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    OFF-MARKET
    Sports & entertainment properties

    3031 Hwy 190th W, Port Allen, LA 70767-3951

    9 ac lot
    Entity Owned 15-yr Hold ~ Est. High Equity
    Property ID
    US36-2397127
    Property summary
    AI-generated overview

    This exceptional 0.68-acre commercial land parcel presents a remarkable investment opportunity in Hammond, Louisiana. Located on Highway 190's thriving retail corridor, this property boasts unparalleled visibility and accessibility, situated just a quarter-mile from Interstate 55. The site benefits from its strategic location alongside a newly opened Chick-fil-A, sharing access and enjoying the advantages of its high-traffic neighbor. The property's zoning is C-H Commercial Highway, allowing for a diverse range of development options, including retail, office, or hospitality uses. With a total buildable square footage of 29,680, this site offers significant potential for substantial returns. The property is situated in a high-demand area, surrounded by major retailers such as Lowe's, Walmart, McDonald's, Rouses, and Hobby Lobby, ensuring high foot traffic and strong consumer demographics. This is a rare opportunity to acquire a prime commercial land parcel in a rapidly growing market, offering excellent visibility and proximity to key transportation arteries. The address is 3031 Highway 190 West, Hammond, LA 70467, in Tangipahoa Parish. This single-tenant land opportunity is ready for development.

    Property profile
    Verified
    Property type Sports & entertainment properties
    Use group RECREATIONAL, ENTERTAINMENT
    Lot 9 ac (392,040 SF)
    APN 44309001500
    UPID US36-2397127
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Fishers Of Men Tabernacle INC · 15 yrs held
    Fishers Of Men Tabernacle INC
    since 2011
    2 recorded transactions
    2017
    2011
    $172,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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