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0 Thomas StHammond, LA 70401

Prime 35-acre development site in Hammond, LA.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 35-acre commercial land parcel presents a unique investment opportunity in Hammond, Louisiana. Strategically located on W Thomas Street, a major commercial artery boasting 29,978 vehicles per day, this property offers unparalleled visibility and accessibility. Its position between W Thomas Street and Old Baton Rouge Highway (9,396 vpd), and its proximity to I-55 and US Route 51, ensures high traffic exposure. The land's value is further enhanced by its location within the path of a proposed Market Street extension connecting to Old Baton Rouge Highway, creating significant future development potential. This extension would directly impact the property, opening up additional development opportunities. Hammond, the largest city in Tangipahoa Parish, is a key distribution hub for major companies like Walmart and Medline Industries, and is home to Southeastern University with over 15,500 students, providing a robust and diverse market. The property is priced competitively at $15.00 to $23.00 per square foot, depending on the parcel size and location. This prime location, coupled with the proposed infrastructure improvements, makes this an ideal site for a variety of commercial developments. The property is available for purchase in part or in whole. Detailed site plans and further information are available upon request.

Highlights

  • 35-acre commercial land parcel in Hammond, LA, strategically located on W Thomas Street with 29,978 vehicles per day.
  • Excellent visibility and accessibility due to location between W Thomas Street and Old Baton Rouge Highway (9,396 vpd), near I-55 and US Route 51.
  • Proposed Market Street extension will significantly increase property value by connecting to Old Baton Rouge Highway.
  • Hammond's strategic location as a distribution hub for major companies and home to Southeastern University creates a strong market.
  • Ideal for various commercial developments; priced $15-$23/SF depending on parcel size.

Property Details for 0 Thomas St

Property type
Land
Lot Size (sq. ft)
1,524,600 SF

Location Insight

City
Hammond
County
Tangipahoa Parish
State
Louisiana
Latitude
30.5009337
Longitude
-90.4784014
Thomas St, Hammond, Louisiana

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0 Thomas St
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