For Sale
$480,000

10092 Old Baton Rouge HwyHammond, LA 70403

High-Income Potential, I-12 Corridor

Overview

Added:
Feb 3
Days on market:
60
This exceptional 20,400 square foot boat and RV storage facility presents a lucrative investment opportunity. Phase I, recently completed on a 1.58-acre lot, is already generating income, with projections exceeding $53,000 annually upon full occupancy. Strategically located along the high-traffic I-12 corridor in Hammond, Louisiana, this property benefits from excellent visibility and accessibility. The development includes ample space designated for Phase II expansion, which is projected to add approximately $32,000 in annual income once completed and leased. The property sits in Flood Zone X, minimizing flood risk. Currently priced below recent appraised value, this represents a compelling opportunity for investors seeking strong returns. The existing infrastructure provides immediate income generation, while the potential for expansion offers significant future growth. This is a turnkey operation with a proven business model, ready for a new owner to capitalize on its established success and future potential. The property's location within the I-12 corridor ensures high visibility and convenient access for customers. The substantial projected income stream, coupled with the potential for expansion, makes this a highly attractive investment. The current asking price is significantly below the recent appraisal, presenting a unique opportunity to acquire a high-performing asset at a discounted rate.

Property Details for 10092 Old Baton Rouge Hwy

Property type
Square Feet
20,400 SF
Year Built
2023
Lot Size (sq. ft)
68,825 SF

Location Insight

City
Hammond
County
Tangipahoa
State
Louisiana
Latitude
30.48428
Longitude
-90.55477
10092 Old Baton Rouge Hwy, Hammond, Louisiana

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10092 Old Baton Rouge Hwy
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