Providence Ridge

Vacant Land for Sale
Catylist Listing ID: 30475002
Property Subtypes: Hospitality, Office, Self Storage, Other
Gross Land Area: 4.69 - 39 Acres
Sale Price: $4 - 6 PSF
Land Splits Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 10/21/2019

Overview / Comments

Providence Ridge is a mixed use development located in the SE quadrant of the I-12 Airport Road (exit 42) in Hammond. Providence Ridge is home to Cypress Hospital, the recently completed Heights apartment complex, and D. R. Horton's Providence Ridge subdivision. Also, currently under construction is Cypress Point's Medical Office Building (MBO). The Development has been annexed into the City of Hammond, zoning is HC, all infrastructure is in place and there are no Impact Fees. It is 2.5 miles from the Hammond Airport.

This listing is on 3 developmental sites.

Site #1 is a 4.667 acre site behind the MOB under construction and backs up to the I-12 East bound on-ramp. This is an excellent hotel site to take advantage of the expanding medical services. It is also across the Interstate from the Chappapela Sports Complex that hosts year round sports events.

Site #2 is a 18.82 acre tract which includes a 6.3 acre lake. This site is ideal for a Continuous Care Retirement (CCR) community or any type of Assisted Living facility. With the lake a serene park like community could be created. Also the fact that it is located in the same Development as the Hospital and MBO is a huge plus.

Site #3 is a 15.99 acre tract that could developed into an office park, distribution or light industrial.

The attached Reich Master Plan shows the sites in relationship to each other.

Additional Details

Nearest MSA: Hammond
County: Tangipahoa
Submarket/Township: 85
Taxing Authority: City of Hammond and Tangipahoa Parish
Tax ID/APN: 6193315.000000000000000
Zoning: HC
Property Located Between: I-12 and Airport Road
Property Visibility: Good
Legal Description: various parcels located in Section 33, T6S-R8E and Section 4, T7S-R8E in Tangipahoa Parish.
Largest Nearby Street: Airport Road
Highway Access: 1-12 and Airport Road
Site Description: Parish and City approved subdivision
Zoning Description: HC
Part of Planned Development?: Yes
Development Name: Providence Ridge
Topography: Level
Easements: Utilities
Easements Description: Recorded servitudes
Soil Type: Loam
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 16,337 46,406
Median Age: 33.47 32.14
Households: 6,300 17,482

Contact

Photograph of Listing Agent

Terry Blackwell

Gulf States Real Estate Services Corporate Covington, LA 70433
LACDB Member
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