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42318 Veterans - 10 Acre Prime Commercial Lot

10 Acres of Commercial Land Offered at $7,497,731 CAD in Hammond, LA 70403

Investment Highlights

  • New North Oaks Hospital
  • High Traffic Count
  • Near Hammond Square Mall

Property Facts

Price $7,497,731 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
Total Lot Size 10.00 AC

1 Lot Available

Lot

Price $7,497,731 CAD
Price Per AC $749,773 CAD
Lot Size 10.00 AC

10 Acre Lot on Veterans Ave (Hwy 51) near North Oaks Hospital and Hammond Square Mall

Description

An exceptional opportunity on 10 acres of vacant land, strategically positioned at 42318 Veterans Ave., Hammond, LA 70403. This prime location offers numerous benefits, especially due to its proximity to Highway 51, Hammond Square Mall, and North Oaks Medical Center. Situated near the bustling Highway 51, this vacant land enjoys excellent visibility and accessibility, making it an ideal investment for commercial development. Its close proximity to Hammond Square Mall, a popular shopping destination, ensures a steady flow of potential customers to the area. The presence of North Oaks Medical Center, a leading healthcare facility, further enhances the value of this location, attracting visitors and professionals alike. This property holds significant development potential, supported by demographic data, traffic counts, and area growth trends. Hammond, LA, 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. Moreover, 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 vacant land presents a rare chance to capitalize on the economic development and growth potential of the Hammond market. Its strategic location, near 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. Whether you're an experienced developer or an ambitious entrepreneur, this 10-acre vacant land on Highway 51 holds tremendous potential for success and growth. Contact us now to secure your stake in this rapidly expanding market!

zoning

Zoning Code C3
C3
  • Listing ID: 28946149

  • Date on Market: 2023-07-07

  • Last Updated:

  • Address: 42318 Veterans, Hammond, LA 70403

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