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    1008 Oliver Rd Monroe, LA 71201

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    For Lease
    $1,640 /Mo

    Mixed-use development in a high-traffic location with retail and office.

    Property size:
    253,410 SF
    Lot size:
    253,410 SF

    Property Features for 1008 Oliver Rd

    General Information

    Size
    253,410 SF

    Building Details

    Year built
    1958

    Source: Gretchen Ezernack, CCIM Agent Gretchen Ezernack, CCIM

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

    Overview

    Mixed-Use Retail and Office Property

    Twin City Plaza II is a mixed-use development situated in Monroe, on Oliver Road, a heavily traveled bypass connecting Louisville Avenue and Tower Drive. Originally redeveloped from an enclosed mall in 1992, the property now features individual tenant entrances and accommodates retail, medical, and office spaces. The center benefits from visibility from Oliver Road, Tower Drive, and the adjacent Twin City Plaza I. Located north of Louisville Avenue, east of Oliver Road, south of Tower Drive, and west of Twin City Plaza I, the property includes 30 tenant spaces on 17.75 acres. Access is available from Oliver Road and Louisville Avenue via the adjacent Twin City Shopping Center. The site provides approximately 1,184 parking spaces. The zoning is classified as B-3, General Business/Commercial District. The surrounding area includes retail operations, medical offices, restaurants, national, regional, and local businesses, auto sales, and general offices. NNN leases are available. The property offers opportunities for various business enterprises.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Similar Places Nearby

    Danville Plaza, Ob Plaza, Twin City Shopping Center, LLC, The premier plaza, Cardtronics ATM

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.103268
    Latitude
    32.522775

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    FAQs

    What type of property is this?
    Shopping center - Mixed-use development in a high-traffic location with retail and office.
    Where is this shopping center located?
    The property is located at 1008 Oliver Rd Monroe, LA.
    What is the lease rate?
    The lease rate is $0.08 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Oliver Road; - Mixed-use development with retail, medical, and office spaces; - Redeveloped in 1992 with individual tenant entrances
    (318) 366-1675
    Request Owner's contact information
    1008 Oliver Rd 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
    1008 Oliver Rd Monroe, LA 71201
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