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west Of Lowes Monroe, LA

For Sale
$3,400,000

39 +/- acres of commercial land for development along I-20.

Lot size:
39.00 Acres

Property Features for west Of Lowes

General Information

Lot size
39.00 Acres

Source: John Rea Realty Agent Jennifer Causey

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


Overview

Commercial Land I-20 Frontage

This is approximately 39 acres of vacant commercial land available for development along I-20. The property is located south of I-20, just west of Lowe's Home Improvement. All utilities are available. The highest and best uses for this property include retail, commercial, industrial, and multi-family development. The property is located within the City of Monroe. Situated along I-20, the location benefits from proximity to anchor stores, restaurants, hotels, and strip centers, making it an attractive investment for commercial development. The acreage is approximate, and the buyer is responsible for surveying to determine the correct acreage. The property qualifies for Federal Economic District benefits currently governed by the City of Monroe, with boundaries on the north side of I-20. Any benefits to be derived by an owner or developer are to be determined on a case-by-case basis by the I-20 Economic Development Board. The I-20 Frontage Road was completed in September 2022.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Monroe
County
Ouachita
State
Louisiana
Longitude
-92.1193012
Latitude
32.5093109

FAQs

What type of property is this?
Land - 39 +/- acres of commercial land for development along I-20.
Where is this land located?
The property is located at west Of Lowes Monroe, LA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: - I-20 Frontage: **Direct access and high visibility.**; - Prime Location: Situated near established anchor stores, restaurants, hotels, and strip centers.; - Development Potential: Suitable for retail, commercial, industrial, or multi-family development.
More about this property
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