9 months on rocket

42318 Veterans Ave, Hammond, LA, 70403

$5,205,420

10.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #2403151
Lot Size10.00 Acres
StatusActive

About 42318 Veterans Ave

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

Property Details

Property Features

Listing Office:

  • Office Name: Stirling Properties
  • Office Phone: (985) 898-2022
  • Listing Agent: BRADLEY S COOK
  • Agent Phone: (985) 246-3720

Lot Features

Lot Information:

  • Lot Size: 10.00 Acres

School Info

Assigned Schools Information:

  • Hammond High Magnet School, Public Magnet Grades 9-12
  • Hammond Junior High Magnet School, Public Magnet Grades 7-8
  • Southeastern La University Lab School, Public District Grades KG-8
  • Hammond Westside Elementary Montessori School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,205,420
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Housing Market Comparison

See how this home compares to others in Hammond, LA.

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Hammond, LA

City

Med. Sold Price

$228K

Med. Price/SqFt

$135

Avg. Days On Market

65

# of Sold Homes

31

42318 Veterans Ave vs Hammond

296 DAYS ON ROCKET

+231 Days

$5,205,420

+$4.9M More

KEY TAKEAWAY

This property is $4.9M more than the Median Sold Price in Hammond, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2403151

Listing Office:

  • Office Name: Stirling Properties
  • Office Phone: (985) 898-2022
  • Listing Agent: BRADLEY S COOK
  • Agent Phone: (985) 246-3720

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Last updated on: 5/1/2024, 9:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

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Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4387723
4
/10

  • Hammond Westside Elementary Montessori School

  • 2600 Westpark Ave

  • 1.77 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4387724
3
/10

  • Hammond Junior High Magnet School

  • 111 J W Davis Dr

  • 1.76 miles

  • Public Magnet Grades 7-8

school-card-donut-4387725
9
/10

  • Southeastern La University Lab School

  • 1200 N General Pershing St

  • 2.98 miles

  • Public District Grades KG-8

High School

school-card-donut-4387726
3
/10

  • Hammond High Magnet School

  • 45168 River Rd

  • 5.50 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,945. Typical income of Hammond, LA residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 42318 Veterans Ave

What is the listing price of this property?

The listing price of 42318 Veterans Ave property is $5,205,420.

What type of property is this?

The property 42318 Veterans Ave is land located in Hammond, Louisiana, 70403.

Is this property for sale now?

Active Listing: 42318 Veterans Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 42318 Veterans Ave are:
Hammond Westside Elementary Montessori School: GreatSchools Rating 4/10
Hammond Junior High Magnet School: GreatSchools Rating 3/10
Southeastern La University Lab School: GreatSchools Rating 9/10
Hammond High Magnet School: GreatSchools Rating 3/10

How much acreage is this property?

The property 42318 Veterans Ave is 10.00 acres.
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Rocket Homes›Louisiana›Tangipahoa County›Hammond›70403›42318 Veterans Ave

This home is located at 42318 Veterans Ave in Hammond, LA and zip code 70403. This home sits on a 10.00 acre lot. It has been listed on Rocket Homes since July 10, 2023 and is currently priced at $5,205,420.

While more than 6 listings in Hammond, LA in April 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 18 were sold below. In April 2024 in Hammond, LA there were 3.4% more homes for sale than in March 2024. In April 2024 median list price was $228,000 and the average listing age was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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