Warehouse with Fenced
For Sale
Contact for pricing
1524 Bennie Breece St, West Monroe, LA 71292
A fenced outdoor area provides additional storage alongside the warehouse and equipment shelter.
Property Size3,200 SF
Price / SF$0.94
Days on Market11
Property Features for 1524 Bennie Breece St
General Information
Standard status
Active
Size
3,200 SF
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Warehouse Space
3,200 SF
Property Use
Warehouse
Building Details
Buildings
2
Listing Agency:
Coldwell Banker Group One Realty
(318) 362-0007
Listed By:
Mark Ouchley · License #0000018923
(318) 376-7458
Source:
Exprealty
Added: Oct 14
Changed: Oct 23
Last Checked: Oct 23 at 3:21PM
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 Coldwell Banker Group One Realty
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Investment Insights
Based on property information with market context.
The 3,200-square-foot warehouse has two 14-foot roll-up doors, an office area, and a bathroom. A separate shed provides sheltered space for equipment parking, while the fenced yard offers additional storage area.
Located at 1524 Bennie Breece St in West Monroe, the property combines enclosed warehouse space with outdoor storage and equipment shelter.
Located at 1524 Bennie Breece St in West Monroe, the property combines enclosed warehouse space with outdoor storage and equipment shelter.
Key Highlights
- 3,200‑square‑foot main warehouse
- Two 14‑foot roll‑up doors
- Fenced yard for storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,861
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,220
$377.2K
Cap Rate 7%
$269,443
$269.4K
Cap Rate 9%
$209,567
$209.6K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$23.8K $7.44/SF
− Vacancy
−$1.6K −$0.51/SF
EGI
$22.2K $6.93/SF
− OpEx
−$3.3K −$1.04/SF
NOI
$18.9K $5.89/SF
Area
Ouachita County, LA
Vacancy
6.80%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,220
Cap Rate 7%
$269,443
Cap Rate 9%
$209,567
Alternative Uses
Best Use
Warehouse
$269.4K
$235.8K – $314.4K
NOI $18,861 @ 7.0% cap · market cap 628.70%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$34.47M
$30.16M – $40.21M
NOI $2,412,781 @ 7.0% cap · market cap 80,426.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 71292, LA
22,774
Population
10,257
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
153.7 sq mi
ZIP Area
148
Density / Sq Mi
$51,317
Median Household Income
$40,879
Median Earnings
$885
Median Rent
$119,700
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Morning Meadow Self Storage — 307 New Natchitoches Rd, West Monroe, LA 71292
- American Self Storage — 1849 Old Natchitoches Rd, West Monroe, LA 71291
Frequently Asked Questions
What type of property is this?
Warehouse - A fenced outdoor area provides additional storage alongside the warehouse and equipment shelter.
Where is this warehouse located?
The property is located at 1524 Bennie Breece St West Monroe, LA.
What are key features of this property?
This property features: 3,200‑square‑foot main warehouse; Two 14‑foot roll‑up doors; Fenced yard for storage
