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Medical Office Property with Extensive Parking
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102 Thomas Rd, West Monroe, LA 71291

Existing medical occupancy and extensive parking are positioned within an established healthcare corridor.

Property Size203,716 SF
Lot Size18.86 Acres
Days on Market71

Property Features for 102 Thomas Rd

General Information

Standard status Active
Size 203,716 SF
Lot size 18.86 Acres
Property subtype OFFICE
Listing Agency: John Rea Realty
Listed By: Jennifer Causey · License #LA995693195
Source: Moodyscre
Added: Jun 22 Changed: Aug 31 Last Checked: Aug 31 at 12:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John Rea Realty

Investment Insights

Based on property information with market context.

This medical office property comprises approximately 203,716 square feet of existing improvements on approximately 18.86 acres. The site includes current medical occupancy and extensive parking, providing an existing platform for healthcare operations and future repositioning. Potential concepts identified for the property include continued medical use, healthcare-related services, office conversion, institutional use, mixed-use redevelopment, and other adaptive reuse concepts subject to applicable approvals and Seller Conditions.

The property is adjacent to Glenwood Regional Medical Center in West Monroe, Louisiana, within an established healthcare corridor. A separate ±5.35-acre tract along Bell Lane is also available, creating the possibility of controlling approximately 24 acres through separate offerings.

Key Highlights

  • Approximately 203,716 square feet of existing improvements
  • Approximately 18.86 acres
  • Existing medical occupancy with extensive parking

Property Analytics

Current Use

Glenwood Medical Mall Medical Clinic Fresenius Medical Care ... Hospital Glenwood Physical Therapy Physician Gastrointestinal Consultants Medical Clinic Jed Robinson, DO Physician

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Acupuncture Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,207
Businesses Nearby
Balanced
Demand for This Use

Demographics for 71291, LA

34,670
Population
15,290
Households
2.3
Avg Household Size
38
Median Age
31%
College-Educated
91%
High-School Grad
65.5 sq mi
ZIP Area
529
Density / Sq Mi
$69,012
Median Household Income
$46,127
Median Earnings
$974
Median Rent
$219,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Existing medical occupancy and extensive parking are positioned within an established healthcare corridor.
Where is this medical office space located?
The property is located at 102 Thomas Rd West Monroe, LA.
What are key features of this property?
This property features: Approximately 203,716 square feet of existing improvements; Approximately 18.86 acres; Existing medical occupancy with extensive parking
(318) 261-0892 Call to check price and availability
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