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Former Bank Branch For Sale

1816 Forsythe Ave, Monroe, LA 71201

For Sale
Contact for pricing

Bank branch with drive-thru in Northgate Shopping Center.

Property SizeContact for details
Lot Size4.50 Acres
Days on Market787

Property Features for 1816 Forsythe Ave

General Information

Standard status Active
Lot size 4.50 Acres
Listing Agency: Faulk & Foster Real Estate Services
Listed By: Gretchen Ezernack · License LA 42297-A
Source: Exprealty
Added: Sep 18, 2024 Changed: Nov 13 Last Checked: Nov 12 at 12:33PM

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 Faulk & Foster Real Estate Services

Rey
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Investment Insights

Based on property information with market context.

This property is the former location of a B-1 Bank situated in the Northgate Shopping Center. It features a bank branch with a drive-thru, three teller stations, and a walk-in vault. The interior includes a large open lobby with eight offices, one of which has an attached small conference room. There are also two break areas, a server and mechanical room, a conference room, and a large boardroom with direct access to the exterior. The floorplan is attached, but note that modifications may have been made. The property is available "as is".

Key Highlights

  • Former bank branch with drive‑thru.
  • Located in Northgate Shopping Center.
  • Includes walk‑in vault.

Property Analytics

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

Current Use

Banks

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Daycare Center Electrical Service Plumbing Service (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,088
Businesses Nearby
179k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Groceries 34% Shops & Services 14% Apparel 2%
Walmart Neighborhood Market Groceries
36,006 visits/mo 0.3 miles
Brookshire's Groceries
24,921 visits/mo 0.2 miles
McDonald's Dining
19,306 visits/mo 0.4 miles
Starbucks Dining
17,823 visits/mo 0.1 miles
SONIC Drive In Dining
17,381 visits/mo 0.4 miles

Demographics for 71201, LA

21,565
Population
10,352
Households
2.1
Avg Household Size
39
Median Age
43%
College-Educated
92%
High-School Grad
14.9 sq mi
ZIP Area
1,447
Density / Sq Mi
$53,538
Median Household Income
$44,262
Median Earnings
$882
Median Rent
$247,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Bank - Bank branch with drive-thru in Northgate Shopping Center.
Where is this bank located?
The property is located at 1816 Forsythe Ave Monroe, LA.
What are key features of this property?
This property features: Former bank branch with drive‑thru.; Located in Northgate Shopping Center.; Includes walk‑in vault.
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