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Commercial/Industrial Land Parcel
For Sale
$250,000

137 NEWMAN LANE, West Monroe, LA 71291

LAND - West Monroe, LA

Property SizeContact for details
Lot Size0.53 Acres
Days on Market372

Property Features for 137 NEWMAN LANE

General Information

Property type Land
Property subtype Other
Zoning description Com&Res
Lot features Irregular
Directions Downing Pines to Newman Lane.
Subdivision 161 WM City Central / Kiroli Park to I-20
Standard status Active
APN 14071
Lot size 0.53 Acres

Taxes and HOA fees

Tax Description Lot in NW 4 of SW 4 Sec. 28T18 NR3E Beg 15.1 N + 328.7 of SW Cor E 117. NO 221 7lt, SW 121 Sq 190.75 to BEG.
Legal Description Lot in NW 4 of SW 4 Sec. 28T18 NR3E Beg 15.1 N + 328.7 of SW Cor E 117. NO 221 7lt, SW 121 Sq 190.75 to BEG.

Utilities

Water source Public
Listing Agency: Coldwell Banker Group One Realty
Listed By: Sandy Johnson · License #995703960
Added: Jul 30, 2025 Changed: Jul 12 Last Checked: Aug 5 at 6:06PM
MLS# 215784

Copyright © 2026 Northeast Louisiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This listing offers a commercial/industrial land parcel in West Monroe, Louisiana, zoned Com&res. The property is presented for sale and is located at 137 Newman Lane, providing a straightforward site option for buyers evaluating commercial or industrial uses within the applicable zoning framework. Additional acreage is also available, which may support larger project requirements.

The site’s access is positioned off I-20 at the Downing Pines exit, placing it within reach of regional destinations including Surge, the Ike Hamilton Expo Center, and a new sports complex. That connectivity can be important for users who value convenient roadway access and visibility to the broader West Monroe area.

For tenants, developers, and buyers considering a land-based build, the Com&res zoning designation is a key starting point for confirming fit with intended commercial or residential-adjacent uses. Prospective users can review the zoning requirements and plan their development strategy around the site’s I-20 proximity and the availability of additional acreage, if needed.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby

Demographics for 71291, LA

34,670
Population
15,290
Households
2.3
Avg Household Size
38
Median Age
31%
College-Educated
91%
High-School Grad
65.5 sq mi
ZIP Area
529
Density / Sq Mi
$69,012
Median Household Income
$46,127
Median Earnings
$974
Median Rent
$219,700
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Commercial and residential zoned land near the Downing Pines exit for flexible commercial development planning.
Where is this industrial land located?
The property is located at 137 NEWMAN LANE West Monroe, LA.
What is the asking price?
The asking price for this property is $250,000.
More about this property
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