Flex Space with Loading
For Sale
$121,500
2630 DESIARD STREET, Monroe, LA 71201
COMMERCIAL/INDUSTRIAL, Monroe, LA
Property Size1,200 SF
Lot Size0.45 Acres
Price / SF$101.25
Days on Market420
Property Features for 2630 DESIARD STREET
General Information
Property type
Residential
Property subtype
Retail
Zoning description
B-3
Rooms
Office
Security features
Security Lighting, Security System
Interior features
Private Bathrooms, Showroom, Security System
Exterior features
Lighting/Security
Lot features
Loc. in City Limits
Directions
From Hwy 165 heading North, turn left on Desiard St. Property will be on the left.
Subdivision
111 Central Monroe & Business District
Standard status
Active
APN
48422
Lot size
0.45 Acres
Taxes and HOA fees
Tax Description
LOT IN SEC 30, T18N R4E, FROMCORNER COMMON TO SEC 77, 78 &45 T18N R4E, SE 289.08 FT, S468.96 FT TO POINT OF BEG, N35.85 FT TO S LINE DESIARD ST.,SW 43
Legal Description
LOT IN SEC 30, T18N R4E, FROMCORNER COMMON TO SEC 77, 78 &45 T18N R4E, SE 289.08 FT, S468.96 FT TO POINT OF BEG, N35.85 FT TO S LINE DESIARD ST.,SW 43
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Electric, Wall/Window Unit(s), Central Air, Window Unit(s)
Amenities
new roof
new paint
HVAC system
3-phase power
restroom
extra storage
work area
double side doors
paved covered loading/unloading zone
Building Details
Number of units
1
Building materials
Brick Veneer
Roof type
Metal
Listing Agency:
John Rea Realty
(318) 388-0941
Listed By:
Jennifer Causey · License #LA995693195
(318) 261-0892
Added: Jul 17, 2025
Changed: Sep 8
Last Checked: Sep 9 at 3:06AM
MLS# 215607
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 1,200 SF flex-space building occupies a 0.45-acre corner lot at 2630 Desiard Street in Monroe. The interior includes a showroom, office, restroom, storage, and work area, with 10'9" ceilings and a central HVAC system that is 6 years old. Recent improvements include a new roof and interior paint. Brick veneer construction, a metal roof, security features, and lighting are also in place.
A paved, covered loading and unloading area serves 9'6" x 8' double side doors, which can be converted to an overhead door. The property has three-phase power, two Yale 1-Ton FWA cable trolleys, two 1-Ton Budgit hoists mounted along a steel I-beam, and a dust collector. Furniture and other contents convey at sale, providing an established setup for fabrication, storage, retail, office, or service operations.
A paved, covered loading and unloading area serves 9'6" x 8' double side doors, which can be converted to an overhead door. The property has three-phase power, two Yale 1-Ton FWA cable trolleys, two 1-Ton Budgit hoists mounted along a steel I-beam, and a dust collector. Furniture and other contents convey at sale, providing an established setup for fabrication, storage, retail, office, or service operations.
Key Highlights
- 1,200 SF commercial building on a 0.45‑acre corner lot
- Three‑phase power with central HVAC system 6 years old
- 10'9" ceilings with storage, work area, showroom, office, and restroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,333
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$206,660
$206.7K
Cap Rate 7%
$147,614
$147.6K
Cap Rate 9%
$114,811
$114.8K
Market Conditions
NOI Build-Up for 1,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$17.3K $14.40/SF
− Vacancy
−$1.4K −$1.15/SF
EGI
$15.9K $13.25/SF
− OpEx
−$5.6K −$4.64/SF
NOI
$10.3K $8.61/SF
Area
Ouachita County, LA
Vacancy
8.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$206,660
Cap Rate 7%
$147,614
Cap Rate 9%
$114,811
Alternative Uses
Best Use
Retail
$470.4K
$411.6K – $548.8K
NOI $32,929 @ 7.0% cap · market cap 27.10%
Second Best
Flex RnD
$147.6K
$129.2K – $172.2K
NOI $10,333 @ 7.0% cap · market cap 8.50%
Theoretical Best
Multifamily LT 5
$12.93M
$11.31M – $15.08M
NOI $904,793 @ 7.0% cap · market cap 744.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Updated commercial space with HVAC, three-phase power, storage, and adaptable areas for retail, office, service, or light industrial use.
Where is this flex space located?
The property is located at 2630 DESIARD STREET Monroe, LA.
What is the asking price?
The asking price for this property is $121,500.
What are key features of this property?
This property features: 1,200 SF commercial building on a 0.45‑acre corner lot; Three‑phase power with central HVAC system 6 years old; 10'9" ceilings with storage, work area, showroom, office, and restroom
