COMMERCIAL WAREHOUSES

Industrial for Sale
Catylist Listing ID: 30343793
Property Subtypes: Mixed Use, Warehouse/Distribution
Building Size (RSF): 29,460 SF
Gross Building Area: 29,640 SF
Gross Land Area: 3 Acres
Sale Price: $999,999
Unit Price: $33.94 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 3/2/2019

Overview / Comments

All 5 buildings are leased. Income is $10,500.00 a month in rental income. Site is 3 acres with room for additional buildings. These warehouses are 1/2 mile to I-55 and rarely vacant! Call listing agent for rent rolls and additional info. Flood zone X.
Could be great 1031 exchange property for clients looking to buying for income producing.

Additional Details

Nearest MSA: Hammond
County: Tangipahoa
Submarket/Township: 85
Tax ID/APN: 16T6R70000092
Zoning: MIXED USE
Property Located Between: BETWEEN I-55 AND I-12
Highway Access: HIGHWAY 51, I-55
Airports: HAMMOND
Site Description: 3 ACRES
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Number of Stories: 1
Property Condition: Poor
Year Built: 1985
Year Renovated: 2005
Roof Type: Hip
Construction/Siding: Aluminum Siding
Exterior Description: METAL WITH BRICK FACADE ON FRONT BUILDING
Lot Frontage: 196.6
Lot Depth: 664.62
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SEC 16, T6SR7E

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,479 25,860 57,834
Median Age: 26.24 28.75 31.88
Households: 1,061 9,484 21,408

Contact

Photograph of Listing Agent

Tasha Lamkin-Dameron

Simply Real Estate LLC Hammond, LA 70403
LACDB Member
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