55thService Rd, LA

  • Commercial real estate
  • 1,440 SF
Off market
$16,430,740 Estimated

Property Details for 55th

Year built
1986
Lot size
1.64 AC
Property size (Sq ft)
1,440 SF
Property type
Commercial real estate
APN
4927206
APU
4927206

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $228,841
    6.5%
    $211,238
    7%
    $196,150

  • Comparable approach

    Method
    Valuation
    Relative Method
    $109,844
    Geo Method
    $102,370

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $412,260
    Retail / Commercial
    $212,113
    Mixed-Use / Specialty
    $211,916
    Hospitality / Lodging
    $156,203
    Office
    $211,238
    Institutional / Educational
    $220,506
    Residential Income
    $257,992
    Multifamily
    $306,327
    Automotive / Energy
    $189,005
    Parking / Income-Based Land
    $64,671.80
    Restaurant / Food Service
    $111,411
    Healthcare / Senior Housing
    $216,743

Location Insight

City
Service Rd
County
Tangipahoa
State
Louisiana
Latitude
30.4503
Longitude
-90.4704
CBSA code
25220
CBSA name
HAMMOND, LA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$486
$1,148
$3,369
$4,517
-
$11,480
$22,464
$33,944

Comparable in this City

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    Estimated
    $10,018,800
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  • 40th Hwy, LA

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55th
Service Rd, LA

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Service Rd, LA

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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