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Property profile & analytics
OFF-MARKET Estimated value $550,000
Medical Office Space

725 Westin Oaks Dr Hammond, LA 70403-3455

13,606 SF 2.1 ac lot Built 2008
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US36-1245454
Property summary
AI-generated overview

This exceptional 13,606 square foot, single-story office building, located at 725 Westin Oaks Drive in Hammond, Louisiana, presents a unique opportunity for lease or purchase. Built in 2008 and renovated the same year, this Class B property sits on a 5.1-acre lot and offers ample parking with 67 spaces. The building features a spacious lobby, central conference rooms, and numerous private and group offices, totaling over 30 spaces. Previously occupied by Worley Insurance, this well-maintained facility sustained no damage during Hurricane Ida and is move-in ready. Equipped with a whole-house Cummins generator powered by Atmos natural gas, it ensures reliable operation. The property boasts excellent visibility and accessibility from I-55, minutes from downtown Hammond and the I-12/I-55 interchange, and only an hour from New Orleans. Zoned C-H (Highway Commercial), this property is ideally suited for a mid-to-large corporation, educational institution, or government agency seeking a headquarters, regional offices, or training center. The building's high-quality finishes include high ceilings, wood trim, hardwood flooring, and attractive landscaping. The property is divisible, allowing for multi-tenant occupancy with shared common areas. The minimum divisible space is 6,803 square feet, with a maximum contiguous space of 13,606 square feet. The property includes four lots and is located within the city limits of Hammond, LA. This is a must-see property for businesses seeking a prestigious and functional office space in a prime location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2008
Total area 13,606 SF
Lot 2.1 ac (91,476 SF)
APN 5626609
UPID US36-1245454
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
Current use
Occupant on record · Public records
  • EVOLUTION HOLDINGS INC Coworking & Hybrid Office
  • IDM Signs & Graphics (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
Girod Reo LLC · 5 yrs held
Girod Reo LLC
since 2020
2 recorded transactions
2020
$1.8M
2006
$999,990
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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