Address
42318 Veterans Avenue, Hammond, LA
Price
$ 5,205,420
Property Attributes
  • MLS#2403151
  • TypeLand
  • ParishTANGIPAHOA
  • CityHammond
  • NeighborhoodNot a Subdivision
  • Zip70403
  • Style
  • Price$ 5,205,420
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10 Acres
Data Source:
Gulf South Real Estate Information Network
Property Description

An exceptional opportunity on 10 acres of vacant land strategically positioned at 42318 Veterans Ave, Hammond, LA. This prime location offers numerous benefits, especially due to its proximity to Hammond Square Mall and North Oaks Medical Center. Situated on Highway 51, this vacant land enjoys excellent visibility and accessibility, making it an ideal investment for commercial development. The development potential is supported by demographic data, traffic counts and area growth trends. Hammond has experienced consistent population growth, making it a prime location for new businesses and services. With a steady influx of residents and visitors, the demand for commercial establishments in the area is on the rise. The presence of higher education institutions in Hammond, including Southeastern Louisiana University, contributes to the region's economic development and growth. The university attracts a diverse population of students, faculty and staff, creating a vibrant and dynamic environment. The economic landscape of Hammond has flourished in recent years, with the city witnessing a surge in new businesses and investments. Notable companies, such as Albemarle Corporation, Tangipahoa Parish School System and Northshore Technical Community College, have established a strong presence in the Hammond market, further fueling the economic growth and providing opportunities for collaboration and partnerships. This 10-acre site presents a rare chance to capitalize on the economic development of the Hammond market. Its strategic location, in proximity to major commercial centers, healthcare facilities, and higher education institutions, ensures a steady stream of customers and clients. With strong area demographics, high traffic counts, and a thriving business environment, this property offers a solid foundation for various commercial and mixed-use development ventures. Don't miss out on this exceptional opportunity to shape the future of Hammond's economic landscape. Link to Tangipahoa Parish Economic Development - Endless Opportunities Video - https://vimeo.com/896662278

Price History
7/10/2023 Listed $5,205,420

General Features

Sewer Public Sewer
Utilities Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Zoning C3
County Tangipahoa
Property Type Land
Subdivision Name Not a Subdivision
Status Active
City Hammond
Street Name VETERANS
Days on Market 298
Standard Status Active
Tax Lot n/a
PostalCity Hammond

Interior Features

Street Suffix Avenue

Exterior Features

Lot Features 6-10 Units/Acre,Outside City Limits
Water Source Public
Lot Size Area 10
Lot Dimensions 10 Acres
Lot Size Acres 10
Frontage Length 320.0900

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 70403

Price
AVG $680K
$5.21M
Visits
AVG 529
459
Data Provided by Inside Real Estate®