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Infill Development Land Tract
For Sale
$525,000

COLE AVENUE, Monroe, LA 71203

LAND - Monroe, LA

Property Size34,000 SF
Lot Size0.79 Acres
Price / SF$15.44
Days on Market56

Property Features for COLE AVENUE

General Information

Property type Land
Property subtype Other
Lot features Corner Lot
Elementary school CYPRESS POINT C
Middle school NEVILLE JUNIOR HIGH SCHOOL
High school NEVILLE CY
Directions From Louisville Avenue, turn east onto Forsythe Avenue. Continue to North 18th Street and turn left. Proceed north to Cole Avenue and turn right. Property is located on the south side of Cole Avenue between Madison Street and Franklin Street
Subdivision 133 ULM/Town & Country/Lake Shore/Joe White Rd/Morgan Hare Rd
Standard status Active
APN 54119, 54118, 50684
Lot size 0.79 Acres

Taxes and HOA fees

Tax Description See Extended
Legal Description See Extended

Utilities

Water source Public
Listing Agency: The Property Mint
Listed By: Dusten Jones
Added: Jun 10 Changed: Jul 29 Last Checked: Aug 4 at 10:06AM
MLS# 219704

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.

Investment Insights

Based on property information with market context.

This offering is a 0.79-acre tract made up of three contiguous lots totaling approximately 34,000+ square feet. The sale includes Lots 2, 3, and 4 of Square 38, Cole Addition, providing a larger, consolidated development footprint rather than multiple disconnected parcels. The site is described as zoned and positioned for a variety of residential development possibilities.

The property has frontage on Cole Avenue and is centrally located within Monroe. It also provides convenient access to Forsythe Avenue and Louisville Avenue, along with nearby shopping, dining, medical facilities, and major employment centers. The surrounding area is characterized by established residential and multifamily properties.

For buyers and developers looking for an infill parcel with frontage and a consolidated lot configuration, this tract may fit a range of residential development concepts consistent with the stated residential zoning. Its central Monroe location and proximity to day-to-day amenities and employment centers make it suitable for residential projects that benefit from being near established neighborhood activity.

Key Highlights

  • Approximately 0.79‑acre tract made up of three contiguous lots (Lots 2, 3, and 4 of Square 38, Cole Addition).
  • Total land size of roughly 34,000+ SF with frontage on Cole Avenue.
  • Zoned and positioned for a variety of residential development possibilities.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

732
Businesses Nearby

Demographics for 71203, LA

37,438
Population
17,178
Households
2.2
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
118.5 sq mi
ZIP Area
316
Density / Sq Mi
$46,822
Median Household Income
$35,630
Median Earnings
$987
Median Rent
$181,200
Median Home Value

Market

Properties on Market for Land in Monroe

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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - A 0.79-acre infill parcel of three contiguous lots, positioned for residential development with frontage on Cole Avenue.
Where is this land located?
The property is located at COLE AVENUE Monroe, LA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Approximately 0.79‑acre tract made up of three contiguous lots (Lots 2, 3, and 4 of Square 38, Cole Addition).; Total land size of roughly 34,000+ SF with frontage on Cole Avenue.; Zoned and positioned for a variety of residential development possibilities.
More about this property
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