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High-Visibility Corner Outparcel Land
For Sale
$450,000

2020 LOUISVILLE AVENUE lot Outparcel, Monroe, LA 71201

LAND - Monroe, LA

Property Size4,000 SF
Lot Size0.39 Acres
Price / SF$112.50
Days on Market662

Property Features for 2020 LOUISVILLE AVENUE lot Outparcel

General Information

Property type Land
Property subtype Other
Zoning description B-3
Subdivision D A BREARD ADDN
Lot features Corner Lot, Cleared Lot
Directions Southwest on Louisville Ave/Hwy 80. Outparcel on left just past Dollar Tree. On corner of Louisville Ave and N 21st St. Fronts Home Outlet store in Danville Plaza.
Standard status Active
APN 55256
Lot size 0.39 Acres

Taxes and HOA fees

Tax Description .39 AC portion of LOT FRTG 150 FT ON SO SIDE LOUISVILLE AVE, DEPTH ON W LINE 21ST ST. 595 FT.
Legal Description .39 AC portion of LOT FRTG 150 FT ON SO SIDE LOUISVILLE AVE, DEPTH ON W LINE 21ST ST. 595 FT.

Utilities

Water source Public
Listing Agency: John Rea Realty
Listed By: Jennifer Causey · License #LA995693195
Added: Oct 31, 2024 Changed: Jul 12 Last Checked: Aug 23 at 9:06AM
MLS# 212359

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 for-sale commercial land outparcel is offered as a buildable corner site within city limits, totaling 0.39 acres. The property is positioned at an intersection and is subject to development restrictions including a maximum building size of up to 4,000 SF, a maximum height of 21 feet, and a non-compete requirement with existing tenants. All utilities are available to the site, and a build-to-suit option is available for qualified credit tenants.

The site benefits from prominent exposure at the entrance of Danville Plaza Shopping Center at Louisville Avenue and N 21st Street. The listing references over 21,000 vehicles per day for strong roadside visibility and notes an average of 33,600 visits per month for the shopping center. Identified co-tenants include Home Outlet, Shoe Show, CitiTrends, Rent-A-Center, Rainbow, Gonzalez Mexican Restaurant, and Roses Discount Store.

This property is well suited for operators seeking a controlled, corner positioned footprint with straightforward build parameters, particularly for retail or service concepts that can align with the non-compete restriction and the stated size and height limits. With utilities already available and a build-to-suit path for qualified credit tenants, it offers a practical option for tailored development on a high-visibility site.

Key Highlights

  • .39± acre corner outparcel at Louisville Ave & N 21st St, at the entrance of Danville Plaza Shopping Center
  • Restrictions: up to 4,000 SF build, maximum 21' height, and non‑compete with existing tenants
  • Danville Plaza averages 33,600 visits/month; traffic count over 21,000 vehicles/day

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Garden Center Grocery & Convenience Store Locksmith Wine and Liquor Store Pet 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

21 ft
Clear height
21,000 VPD
Traffic count
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,731
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Corner outparcel in B-3 zoning with utility access and limits supporting a build up to 4,000 SF.
Where is this land located?
The property is located at 2020 LOUISVILLE AVENUE lot Outparcel Monroe, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: .39± acre corner outparcel at Louisville Ave & N 21st St, at the entrance of Danville Plaza Shopping Center; Restrictions: up to 4,000 SF build, maximum 21' height, and non‑compete with existing tenants; Danville Plaza averages 33,600 visits/month; traffic count over 21,000 vehicles/day
More about this property
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