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    Monroe Office/Warehouse Investment Opportunity Title is generated by Realmo AI

    2830 BREARD STREET, Monroe, LA 71201

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    For Sale
    $475,000

    Retail - Monroe, LA

    Type:Retail
    Property size:
    12,600 SF
    Price / SF:
    $37/SF
    Added:
    Sep 24, 2025
    Days on Market:
    253
    Last Refresh:
    Jun 3 at 1:06 pm

    Property Features for 2830 BREARD STREET

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Rooms
    Office
    Standard status
    Active
    APN
    81505
    Size
    12,600 SF

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Flooring type
    Carpet, Concrete, Tile
    Building materials
    Frame
    Roof type
    Flat, Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Ethan Landry

    Listing agent Ethan Landry

    Listing office eXp Realty, LLC 949 Ryan Ste 240, Monroe, LA

    Listing date Sep 24, 2025

    MLS# 216558 Listing URL

    Copyright © 2026 Northeast Louisiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in Monroe, just off Louisville Avenue, with excellent accessibility to Highway 165 and I‑20.
    • Versatile 12,600± SF office/warehouse complex suitable for owner‑users or single/multi‑tenant investors.
    • Flexible space configurations with 7,100± SF of office space (24 offices, 5 restrooms, full kitchen) and 5,500± SF of warehouse space, easily convertible.
    • Designed with 4 front entrances, allowing subdivision for up to four separate businesses or departments.
    • Ample on‑site parking for staff and visitors.
    • Strong income potential for investors or customizable headquarters for expanding companies.

    Overview

    This 12,600 square foot office/warehouse complex is located off Louisville Avenue in Monroe. The property features flexible space configurations and accessibility, suitable for owner-users or single or multi-tenant investors. The office space measures approximately 7,100 square feet and includes 24 offices, 5 restrooms, a full kitchen, a reception area, and a secure mail drop. The warehouse space provides approximately 5,500 square feet. The building can be converted for additional offices or more storage space. Designed with 4 front entrances, the property allows subdivision for up to four separate businesses or departments, making it suitable for co-working, leasing to multiple tenants, or business expansion. Ample on-site surface parking is available for staff and visitors. The property is located 3 blocks from Highway 165, providing direct access to I-20, ensuring connectivity for logistics, clients, and employees. The property is suitable for an expanding company looking for a customizable headquarters or an investor seeking income potential. The property is ideal for a growing business or investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tri Star Graphics ... Marketing & Advertising Emprint Moran Printing (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Chef Cory Bahr — 130 Art Aly, Monroe, LA 71201
    • World Classics Catering — 615 N 2nd St, Monroe, LA 71201
    • JAC's Craft Smokehouse — 401 Trenton St, West Monroe, LA 71291
    • Chef Cory Bahr — 318 N 2nd St, Monroe, LA 71201
    • Chef Pat Nolan — 125 St John St, Monroe, LA 71201

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.090162
    Latitude
    32.521284

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    FAQs

    What type of property is this?
    Flex space - Adaptable office/warehouse complex in Monroe, ideal for business or investment.
    Where is this flex space located?
    The property is located at 2830 BREARD STREET Monroe, LA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Prime location in Monroe, just off Louisville Avenue, with excellent accessibility to Highway 165 and I‑20.; Versatile 12,600± SF office/warehouse complex suitable for owner‑users or single/multi‑tenant investors.; Flexible space configurations with **7,100± SF of office space** (24 offices, 5 restrooms, full kitchen) and 5,500± SF of warehouse space, easily convertible.
    (337) 522-7554
    We can help!
    Listing Contact
    Ethan Landry
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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