42124 Veterans AveHammond, LA 70403

Property Details for 42124 Veterans Ave

Year built

2010

Lot size

1.00 AC

Property size (Sq ft)

5,127 SF

Property type

Other commercial real estate

APN

6017576

APU

6017576

Description

This exceptional 5,127 square foot freestanding commercial building presents a lucrative investment opportunity in Hammond, Louisiana. Located on a 1.05-acre corner lot at 42124 Veterans Avenue, this property boasts unparalleled visibility and accessibility. Situated within Hammond's thriving medical corridor, it enjoys a strategic position adjacent to the North Oaks Surgery Center and directly across the street from the main North Oaks campus. Currently, the building houses one medical tenant, the CARD Center for Autism & Related Disorders, generating a strong income stream with a capitalization rate of approximately 6.25%. The building's design allows for flexible occupancy, accommodating either one or two tenants. Two separate entrances are available, providing individual access for each tenant if desired. The high-traffic location and proximity to major medical facilities ensure consistent demand and strong rental potential. This property offers a rare combination of prime location, existing income, and development flexibility, making it an ideal investment for discerning buyers seeking a stable and appreciating asset in a growing market. Serious inquiries only. Please refrain from contacting the tenant directly.

Location Insight

City

Hammond

County

Tangipahoa

State

Louisiana

Latitude

30.469

Longitude

-90.4568

CBSA code

25220

CBSA name

HAMMOND, LA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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