For Sale
$5,205,420

42318 Veterans Ave Hammond, LA 70403

10 Acres, Prime Commercial Location

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 10-acre commercial land parcel, located at 42318 Veterans Avenue in Hammond, Louisiana, presents a unique investment opportunity. Zoned C3, this property boasts approximately 320' x 1356' dimensions and is situated in a X flood zone. Utilities are available along Business Highway 51. The asking price is $5,205,420, translating to $11.95 per square foot. Its strategic location offers unparalleled visibility and accessibility, benefiting from proximity to major thoroughfares, including Business Highway 51, Interstate 12 (nearby), and the Hammond Square Mall, a popular regional shopping center featuring national retailers. The property's proximity to North Oaks Medical Center, a significant regional employer, and Southeastern Louisiana University, a large public university, further enhances its value and potential. Hammond's consistent population growth and thriving business environment, fueled by established companies like Albemarle Corporation and the Tangipahoa Parish School System, create a strong demand for commercial development. This site is ideal for a variety of commercial and mixed-use projects, capitalizing on the area's robust economic growth and significant population base. Lease or build-to-suit options are available, making this a versatile investment for developers and entrepreneurs alike. This property offers a rare chance to participate in the continued expansion of Hammond's commercial landscape.

Highlights

  • 10-acre commercial land parcel in Hammond, LA, priced at $5,205,420 ($11.95/SF).
  • C3 zoning.
  • Located on Veterans Ave (US Business 51), near Hammond Square Mall and North Oaks Medical Center.
  • Utilities available.
  • Flood Zone X.

Property Details for 42318 Veterans Ave

Property type
Land
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Hammond
County
Tangipahoa Parish
State
Louisiana
Latitude
30.47390866
Longitude
-90.45714343

FAQs

What type of property is this?
Land - 10 Acres, Prime Commercial Location
Where is the land located?
The property is located at 42318 Veterans Ave Hammond, LA.
What is the asking price?
The asking price for this property is $5,205,420.
What are key features of this property?
This property features: 10-acre commercial land parcel in Hammond, LA, priced at $5,205,420 ($11.95/SF).; C3 zoning.; Located on Veterans Ave (US Business 51), near Hammond Square Mall and North Oaks Medical Center.
How can I contact the broker?
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42318 Veterans Ave
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