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    000 Forsythe Ave Monroe, LA 71201

    For Sale
    $336,000

    Commercial land for sale in a high-traffic location.

    Lot size:
    0.57 Acres

    Property Features for 000 Forsythe Ave

    General Information

    Lot size
    0.57 Acres

    Source: Keller Williams Realty Parishwide Partners Agent Al Peterson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in High-Traffic Area

    This commercial land is situated in a location with a high traffic count on a busy street. It is positioned within a progressive business strip and is noted as one of the last available lots in the area. The surroundings feature new construction. All services are available to the property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.129589
    Latitude
    32.520171

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    FAQs

    What type of property is this?
    Commercial land - Commercial land for sale in a high-traffic location.
    Where is this commercial land located?
    The property is located at 000 Forsythe Ave Monroe, LA.
    What is the asking price?
    The asking price for this property is $336,000.
    What are key features of this property?
    This property features: - Great location on a busy street; - High traffic count ensures excellent visibility.; - One of the last lots available in this desirable area.
    Request Owner's contact information
    000 Forsythe Ave Monroe, LA 71201
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    Monroe, LA 71201
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    Realmo Value Estimation

    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.

    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.

    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
    000 Forsythe Ave Monroe, LA 71201
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