Commercial Property on High-Traffic
6865 Monroe Highway Ball, LA 71405
For Sale
$329,000
COMMERCIAL - Ball, LA
Property Size3,740 SF
Lot Size0.96 Acres
Price / SF$87.97
Days on Market1384
Property Features for 6865 Monroe Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 1200057847
- Size
- 3,740 SF
- Lot size
- 0.96 Acres
Taxes and HOA fees
- Tax Description
- 0.96 AC being 201.20' ON HWY # 165 X 81.67' X 201.19 X 81.57' IN LT 1, SAM ALLEN SUBD, SEC 7, T5NR1E. 2 parcels see attached legal description
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Roof type
- Metal
Listing Agency:
EXP REALTY, LLC
(337) 522-7554
Listed By:
Mary Sonnier · License #0000076724
(337) 522-7554
Added: Oct 11, 2022
Changed: May 14
Last Checked: Jul 25 at 5:06AM
MLS# 169684
Copyright © 2026 Greater Central Louisiana REALTORS® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property is located in a visible location off Highway 165 in Ball. The property includes a business center with a workshop featuring two roll-up doors and a 12 ft ceiling. The 3,740 square-foot building includes a front lobby, conference room, three offices, kitchen, restroom, and a separate storefront or office with a kitchenette and storage. The property also features a large parking area and a large security-fenced yard. The property is situated on a 0.96-acre lot. Potential business uses include a car dealership, construction company, auto shop, retail with warehouse, or fulfillment shipping center. The property is currently rented for $1850 per month, with escalations over the next 5 years. The lease cannot be terminated until the lease terms have expired.
Key Highlights
- Prime, highly visible location on Hwy 165 in Ball.
- 3740 SF commercial property suitable for various businesses.
- Full business center with workshop, 2 roll‑up doors, and 12 ft ceiling.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.5k | $9.48 |
| − Vacancy | −$2.4k | −$0.64 |
| EGI | $33.0k | $8.84 |
| − OpEx | −$5.0k | −$1.33 |
| NOI | $28.1k | $7.51 |
3,740 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Retail
$642.9K
$562.5K – $750.1K
NOI $45,003 @ 7.0% cap · market cap 13.68%
Second Best
Warehouse
$401.3K
$351.1K – $468.1K
NOI $28,088 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$1.03M
$902.1K – $1.20M
NOI $72,167 @ 7.0% cap · market cap 21.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Versatile commercial property with workshop, offices, and fenced yard.
Where is this flex space located?
The property is located at 6865 Monroe Highway Ball, LA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Prime, highly visible location on Hwy 165 in Ball.; 3740 SF commercial property suitable for various businesses.; Full business center with workshop, 2 roll‑up doors, and 12 ft ceiling.
