14456 Kohnke Hill RdHammond, LA 70401

  • Other commercial real estate
  • 2,548 SF
For Sale
$399,000 View listing

Property Details for 14456 Kohnke Hill Rd

Year built
1988
Lot size
1.32 AC
Property size (Sq ft)
2,548 SF
Property type
Other commercial real estate
APN
3376206
APU
3376206

Description

This exceptional 3.18-acre commercial property in Hammond, Louisiana, presents a compelling investment opportunity. Located conveniently near Interstates 55 and 12, and just two miles from Southeastern University, this site boasts unparalleled accessibility. The property includes two substantial metal buildings totaling 4,983 square feet, constructed in 1988. Significant improvements have been recently completed, including a new septic system, new LED lighting in both buildings, new electric service panels, a new video/audio camera system, buried overhead power lines at the street, fiber optic internet access, a widened driveway with a new culvert, and a large concrete pad. Eight new shipping containers, valued at $32,000, are also included, offering potential monthly income of $1200-$1500. The property's prime location, substantial improvements, and potential for diverse commercial uses make it an ideal investment for entrepreneurs and developers alike. The asking price is $399,000, with owner financing options available up to 50% or a bond for deed. The property is available for occupancy on June 7, 2024. This is a single-tenancy property with a mix of industrial, mixed-use, land, and self-storage potential. Surrounded by a thriving mix of commercial businesses, educational institutions, and residential areas, this property offers a dynamic and promising environment for commercial success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $408,852
    Hospitality
    $374,506
    Educational
    $311,585
    Medical
    $322,300
    Retail
    $484,687
14456 Kohnke Hill Rd, Hammond, Louisiana

Location Insight

City
Hammond
County
Tangipahoa
State
Louisiana
Latitude
30.5333
Longitude
-90.4884
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
$1,453
$1,122
$11,500
$12,622
-
$11,220
$76,671
$87,891

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