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Commercial Land I-20 Frontage
For Sale
$1,982,400

0 I-20 Frontage Road, Monroe, LA 71202

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

Property SizeContact for details
Lot Size39.00 Acres
Days on Market756

Property Features for 0 I-20 Frontage Road

General Information

Standard status Active
Lot size 39.00 Acres
Property subtype Land
Listing Agency: Tri State Properties, LLC
Listed By: Ryan Roark · License #0099563782
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 7 Last Checked: Aug 9 at 12:24PM

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 Tri State Properties, LLC

Investment Insights

Based on property information with market context.

This property consists of 39 +/- acres of vacant commercial land available for development along I-20. It is located south of I-20, just west of Lowe's Home Improvement. All utilities are available to the site. The highest and best use for this property is retail, commercial, industrial, or multi-family development. The property is located within the City of Monroe. The location along I-20, with nearby anchor stores, restaurants, hotels, and strip centers, makes this 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.

Key Highlights

  • I‑20 Frontage: Highly visible location directly on I‑20.
  • Commercial Development Potential: Suitable for retail, commercial, industrial, or multi‑family development.
  • Utilities Available: All utilities are readily accessible on the property.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Auto Repair Shop Skin Care Clinic Auto Parts Store 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

159
Businesses Nearby

Demographics for 71202, LA

27,535
Population
11,119
Households
2.5
Avg Household Size
34
Median Age
11%
College-Educated
77%
High-School Grad
115.4 sq mi
ZIP Area
239
Density / Sq Mi
$26,883
Median Household Income
$21,895
Median Earnings
$827
Median Rent
$77,400
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 39 +/- acres of commercial land for development along I-20.
Where is this commercial land located?
The property is located at 0 I-20 Frontage Road Monroe, LA.
What is the asking price?
The asking price for this property is $1,982,400.
What are key features of this property?
This property features: I‑20 Frontage: Highly visible location directly on I‑20.; Commercial Development Potential: Suitable for retail, commercial, industrial, or multi‑family development.; Utilities Available: All utilities are readily accessible on the property.
More about this property
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