1300 Morrison BlvdHammond, LA 70401

  • Other commercial real estate
  • 15,108 SF
For Sale
$1,200,000 View listing

Property Details for 1300 Morrison Blvd

Year built
2005
Lot size
1.44 AC
Property size (Sq ft)
15,108 SF
Property type
Other commercial real estate
APN
1486608
APU
1486608

Description

This exceptional 4.4-acre commercial and industrial property, located at 1300 N Morrison Blvd in Hammond, Louisiana, presents a unique investment opportunity. Boasting 15,108 square feet of space and a prominent 200-foot frontage on North Morrison Boulevard, one of Hammond's busiest thoroughfares, this Class C property offers significant potential. Built in 2005, the single-story building sits on a large lot, providing ample room for expansion or redevelopment. The asking price is $1,200,000, translating to $6.26 per square foot. The property's strategic location between Hammond's main retail area and Southeastern Louisiana University ensures high visibility and accessibility. This versatile site is ideal for various uses and offers flexible options including development, sale, lease, ground lease, and build-to-suit opportunities. Included in the sale is existing affordable home furnishings. The property's zip code is 70401. This is a prime opportunity to capitalize on a high-traffic location in a growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,424,376
    Hospitality
    $2,220,715
    Educational
    $1,847,609
    Medical
    $1,911,151
    Retail
    $2,874,059
1300 Morrison Blvd, Hammond, Louisiana

Location Insight

City
Hammond
County
Tangipahoa
State
Louisiana
Latitude
30.5122
Longitude
-90.4813
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
$14,498
$50,181
$123,281
$173,462
-
$501,808
$821,875
$1,323,683

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].