Prime development opportunity on nearly 4 acres on the east side of Hammond! Conveniently located just off East Highway 190, on Falcon Drive next to the Piggly wiggly parcel is all the way at the end of the road behind the new industrial development seconds from the airport, I-12, and I-55. The property currently features 5 income-producing rental units (2 duplexes and 1 single-family home) that are 100% occupied and generating approximately $50,000 annually. Additional improvements include a 4,080 SF storage building with 14’ ceilings and a 60x100 dirt pad ready for a slab. All city utilities are available, including water, sewer, gas, power, garbage service, and high-speed internet. With a retention pond already in place, this property offers tremendous potential for industrial, multifamily, commercial, or future expansion projects.