Development Land Located On Main Commercial Artery in Hammond
Vacant Land
for Sale
| Catylist Listing ID: |
30733135 |
| Gross Land Area: |
37 Acres
|
| Sale Price: |
$15 - 26 PSF |
| Total Price: |
$24,175,800 - 41,904,720 |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/8/2024 |
Overview / Comments
Up to 37 acres on W Thomas Street, one of Hammond’s main commercial arteries, is now available to purchase in part or in whole.
This parcel is strategically located between W Thomas Street (31,134 vpd) and Old Baton Rouge Highway (9,749 vpd) as well as between I-55 and U.S. Rte 51. Hammond has plans to extend Market Street to connect to Old Baton Rouge Highway, and the proposed extension would cut across this land opening up additional development opportunity.
|
Additional Details
| Nearest MSA: |
Hammond |
| County: |
Tangipahoa |
| Submarket/Township: |
85 |
| Tax ID/APN: |
1876902.000000000000000 |
| Property Located Between: |
W Thomas Street and Old Baton Rouge Highway |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
W Thomas St |
| Traffic/Vehicle Count: |
31,134 |
| Highway Access: |
Only a few blocks away from I-55 and U.S. Rte 51. |
| Airports: |
HDC (Hammond Northshore Regional Airport) and MSY |
| Site Description: |
Development land strategically located at the proposed Market St expansion to connect with Old Baton Rouge Highway. Grassy land parcel that can be purchased in part or in whole. |
| Area Description: |
Hammond is the largest city in Tangipahoa Parish. Located on the Northshore, it is approximately 46 miles from both New Orleans and Baton Rouge. The city is a distribution point for Walmart and Medline Industries and other businesses and is home to Southeastern University which has an enrollment of 15,500 students. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,765 |
35,335 |
61,185 |
| Median Age: |
30.94 |
30.31 |
32.14 |
| Households: |
2,278 |
13,162 |
23,007 |
|
The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
|
