585 Morrison BlvdHammond, LA 70403

  • Other commercial real estate
  • 920 SF
For Sale
$277,500 View listing

Property Details for 585 Morrison Blvd

Year built
2018
Lot size
1.00 AC
Property size (Sq ft)
920 SF
Property type
Other commercial real estate
APN
1426400
APU
1426400

Description

This newly renovated 950-square-foot commercial property in Hammond, LA, is ideally situated off South Morrison Boulevard, a high-traffic area with an average daily count of 5,000 vehicles. The versatile space is perfect for a variety of uses, including office space, retail, or a salon. Recent upgrades include a new electrical panel, an enhanced security system, updated lighting fixtures, and fresh paint throughout. The roof has been inspected and cleaned. Exterior improvements include a newly fenced perimeter and ongoing landscaping enhancements. Ample parking is provided with a spacious 9-car lot directly in front of the building. The 0.14-acre lot offers the potential for future expansion, such as adding a second story for additional office or business space. This move-in ready property presents an excellent opportunity for business owners seeking high visibility in a busy commercial area. The property is in excellent condition and ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $147,641
    Hospitality
    $135,238
    Educational
    $112,517
    Medical
    $116,386
    Retail
    $175,026
585 Morrison Blvd, Hammond, Louisiana

Location Insight

City
Hammond
County
Tangipahoa
State
Louisiana
Latitude
30.4949
Longitude
-90.4824
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
$1,391
$8,500
$8,142
$16,642
-
$85,000
$54,280
$139,280

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