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    224 Blanchard St West Monroe, LA 71291

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    For Lease
    $24 SF/Yr ($15,836 /Mo)

    Former restaurant with high visibility and easy access.

    Property size:
    7,918 SF
    Lot size:
    1.70 Acres

    Property Features for 224 Blanchard St

    General Information

    Size
    7,918 SF
    Lot size
    1.70 Acres

    Source: Stirling | Shreveport/Bossier Agent Karen R McElroy, CCIM

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

    Overview

    Former Restaurant Fronting I-20

    This 7,918 square foot property, formerly a restaurant, fronts I-20 in West Monroe. It offers high visibility and easy access for both east and westbound traffic. The location is surrounded by numerous retailers and restaurants. It is situated less than one mile from Glenwood Regional Medical Center and the Medical Mall, and is directly in front of Cinemark Tinseltown.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.162534
    Latitude
    32.510184

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant with high visibility and easy access.
    Where is this restaurant located?
    The property is located at 224 Blanchard St West Monroe, LA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location fronting I-20.; - Easy access from both east and westbound traffic.; - Proximity to numerous retailers and restaurants.
    (318) 453-6005
    Request Owner's contact information
    224 Blanchard St West Monroe, LA 71291
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    West Monroe, LA 71291
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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
    224 Blanchard St West Monroe, LA 71291
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