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    Property profile & analytics

    380 Tower Rd Ponchatoula, LA 70454

    • Industrial properties
    • 2,000 SF
    • 0.94 lot acres
    OFF-MARKET
    Value Estimations
    $170,000
    Show details
    Cap Rate Potential
    4.1%
    Industrial properties
    Location Intelligence
    Property ID
    US36-1002151
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 380 Tower Rd

    Year built
    2022
    Lot size
    0.94 lot acres
    Property size
    2,000 SF
    Property type
    Industrial properties
    Property subtype
    Loft space
    APN
    5822009
    APU
    5822009

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $205,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $140,000
      6.5%
      $130,000
      7%
      $120,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $175,000
      MEDICAL BUILDING
      $130,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ponchatoula
    County
    Tangipahoa
    State
    Louisiana
    Longitude
    -90.4395
    Latitude
    30.4251
    CBSA code
    25220
    CBSA name
    HAMMOND, LA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,057
    $4,000
    $11,185
    $15,185
    -
    $40,000
    $74,568
    $114,568

    Comparable in this City

    • Value Estimation
      $250,000
      3.57 Acres

      1 Industrial Park Blvd

      INDUSTRIAL LOFT BUILDING • 3.57 Acres
      1 Industrial Park Blvd, Ponchatoula, LA 70454-8303
      View Details
    • Value Estimation
      $195,000
      2,660 SF

      21 Industrial Park Blvd

      INDUSTRIAL LOFT BUILDING • 2,660 SF
      21 Industrial Park Blvd, Ponchatoula, LA 70454-8303
      View Details
    • Value Estimation
      $215,000
      1,600 SF

      27094 Hwy 22

      INDUSTRIAL LOFT BUILDING • 1,600 SF
      27094 Hwy 22, Ponchatoula, LA 70454-6100
      View Details
    • Value Estimation
      $55,000
      3,960 SF

      38650 Raiford Rd

      INDUSTRIAL LOFT BUILDING • 3,960 SF
      38650 Raiford Rd, Ponchatoula, LA 70454-8019
      View Details
    • Value Estimation
      $365,000
      17,250 SF

      Central Ave

      INDUSTRIAL LOFT BUILDING • 17,250 SF
      Central Ave, Ponchatoula, LA 70454
      View Details
    • Value Estimation
      $210,000
      3,010 SF

      1 Industrial Park Blvd

      INDUSTRIAL LOFT BUILDING • 3,010 SF
      1 Industrial Park Blvd, Ponchatoula, LA 70454-8303
      View Details

    Similar Nearby for Sale

    • $3,211,014
      21,600 SF

      Leased Flex Industrial Facility

      21,600 SF flex industrial facility on 4 acres.
      282 Tower Rd, Ponchatoula, LA 70454
      View Details
    • $499,999
      2,528 SF

      Downtown Ponchatoula Commercial Building

      High-potential multi-office building.
      300 Pine St, Ponchatoula, LA 70454
      View Details
    • $950,000
      4,500 SF

      Downtown Ponchatoula Commercial Condo

      Prime Retail & Apartments, High Traffic
      155 Pine St, Ponchatoula, LA 70454
      View Details
    • $1,128,600
      114.00 Acres

      114-Acre Land in Growing Robert

      114 acres of land with unlimited potential in Robert, LA.
      Holmes Ln, Robert, LA 70454
      View Details
    • $110,000
      10.00 Acres

      10 Acres Vacant Land

      10 acres of cleared land, build your dream home!
      10 Acres Vacant Land Raiford Rd, Ponchatoula, LA 70454
      View Details
    • $180,600
      27.00 Acres

      27 Acres Wooded Residential Land

      27 wooded acres, ideal for homesite or small development.
      Traino Rd, Ponchatoula, LA 70454
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      10,000 SF

      Prime Ponchatoula Office Space

      Downtown Ponchatoula retail/office opportunity.
      207 Pine St, Ponchatoula, LA 70454
      View Details
    • $2,200 /Mo
      2,625 SF

      New Commercial Space in Ponchatoula

      New commercial space with flexible layout and warehouse.
      1100 SW Railroad Ave, Ponchatoula, LA 70454
      View Details
    • $14 SF/Yr
      6,945 SF

      Ponchatoula Warehouse Spaces Available

      New Industrial Units, I-12 Access
      23516 Hvn Blvd Merchants Ct, Ponchatoula, LA 70454
      View Details
    • Contact for pricing
      72,747 SF

      Berryland Shopping Center: Ponchatoula, LA

      Prime Retail Space Available: Ponchatoula, LA
      801 Pine St, Ponchatoula, LA 70454
      View Details
    • Contact for pricing
      1,250 SF

      Retail Space in Rouses Anchored Center

      Retail space available in a Rouses anchored shopping center.
      805-825 W Pine St, Ponchatoula, LA 70454
      View Details
    • $2,473 /Mo
      2,120 SF

      Ponchatoula Retail Space Near I-12

      2,120 SF retail space with direct I-12 access.
      23516 Haven Blvd, Ponchatoula, LA 70454
      View Details
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    380 Tower Rd
    Ponchatoula, LA 70454
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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