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Warehouse with Fenced Yard
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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 Market10

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
Listed By: Mark Ouchley · License #0000018923
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.

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 (±1% cap)
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 (±1% cap)
NOI $2,412,781 @ 7.0% cap · market cap 80,426.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Pharmacy Skin Care Clinic

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
Fenced yard

Location Intelligence

Trade Area within ½ mile

246
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

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
More about this property
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