42170 Veterans Ave Hammond, LA 70403
Introducing an exceptional 64-acre parcel of vacant land ideally located just 0.6 miles from Interstate 12 and directly off Veterans Ave (Business Route Hwy-51). The Average Daily Traffic Count is approximately 18,706. Situated in the thriving Hammond, Louisiana market, this property offers unparalleled convenience and accessibility. Its strategic position across from North Oaks Health Medical Center ensures high visibility and a prime location for future development. This versatile land is perfect for a range of uses, including commercial ventures, residential communities, or multifamily developments. With its proximity to major routes and essential services, the property is positioned to benefit from Hammond's continued growth and development. Whether you're looking to purchase, lease, or build-to-suit, this property presents an outstanding investment opportunity. Explore the potential of this expansive site and contribute to the dynamic expansion of the Hammond area.
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.