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6.03 AC Baton Rouge-New Orleans Msa

Hammond, LA 70403

Tangipahoa Parish, Louisiana

6.03 Acres
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6.03 AC Baton Rouge-New Orleans Msa : Hammond : Tangipahoa Parish : Louisiana

Land Description

6.03 AC Baton Rouge-New Orleans MSA - 65K Vpd

Online Auction June 14-16, 2021

Investment Highlights

±6.03-acre commercial parcel with highway visibility at the busy interchange of I-55 and I-12 (combined ±107K vehicles per day)

Parish planning and development allows for flexible commercial uses without zoning restrictions

Direct access to Baton Rouge and New Orleans | Minutes from Southeastern Louisiana University

Attractive demographics within a 5-mile radius - ±64,570 residents, average household income, and projected population growth of 5.4%

Offering Details

CBRE and are pleased to present a ±6.03 AC land parcel located on Club Deluxe Road (the “Property”) in Hammond, Louisiana approximately 60 miles north of New Orleans. This Property offers premier highway frontage with visibility from both I-55 and I-12 and presents developers significant upside via strategic development in a robust and growing market.

The Property offers irreplaceable highway frontage/visibility and is positioned at the eastbound Interstate 12 ramp to Interstate 55 southbound. The Property benefits from fantastic visibility on I-12 with 73,023 vehicles per day and 34,760 vehicles per day on I-55. Tangipahoa Parish does not have zoning restrictions allowing for flexibility for an investor to determine the Property's highest and best use. Hammond is the commercial hub for the region and the Property is positioned within 1-mile of numerous national retail tenants including Love's Travel Stops and Country Stores, Arby's, Waffle House, Pilot Travel Centers, Dollar General, Taco Bell, Olive Garden, Chick, and numerous others. The Property also benefits from dense and compelling demographics and the 5-mile trade area is supported by 64,570 residents boasting an impressive average household income of Parish is one of the fastest growing parishes in Louisiana with 12.3% growth from 2010 to 2020 and projected growth of 5.4% growth from 2020-2025. Hammond is the largest city in Tangipahoa Parish, Louisiana, approximately 45 miles east of Baton Rouge and 60 miles north of New Orleans. Due to its location near the intersection of interstate highways 55 and 12, Hammond is the commercial hub for the region. Hammond is home to Southeastern Louisiana University (Slu), one of the state's regional universities and one of the city's largest employers. Over 14,260 students are enrolled at Slu. The New Orleans metro contains a population of more than 1.2 million residents, distributed among eight Louisiana parishes. Notably, New Orleans' most celebrated economic sector is its massively popular tourism industry which brings over Billion to the region annually.

Auctioneer: Lamar P. Fisher | Fisher Auction Co | Lic. 1983 Co: Ab-424

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