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 Market465
Property Features for 2630 DESIARD STREET
General Information
Property type
Residential
Property subtype
Retail
Zoning description
B-3
Rooms
Office
Security features
Security System, Security Lighting
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, Window Unit(s), Wall/Window Unit(s), Central Air
Amenities
3-phase power
fully air-conditioned
extra storage
work area
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
(318) 261-0892
Added: Jul 17, 2025
Changed: Oct 23
Last Checked: Oct 24 at 11:06AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200 SF flex property sits on a 0.45-acre corner lot. The building has a metal roof, brick veneer, a restroom, office and showroom areas, storage, and workspace beneath 10'9" ceilings. Recent improvements include a new roof and paint; the HVAC system is 6 years old. Three-phase power and a dust collector are also in place.
A paved, covered loading and unloading area connects to double side doors measuring 9'6" x 8'; the doors can be converted to an overhead door. Interior and exterior material movement is supported by two Yale 1-Ton FWA cable trolleys and two 1-Ton Budgit hoists mounted on a steel I-beam. Furniture and other contents are included in the sale.
A paved, covered loading and unloading area connects to double side doors measuring 9'6" x 8'; the doors can be converted to an overhead door. Interior and exterior material movement is supported by two Yale 1-Ton FWA cable trolleys and two 1-Ton Budgit hoists mounted on a steel I-beam. Furniture and other contents are included in the sale.
Key Highlights
- 1,200 SF building on a 0.45‑acre corner lot
- Three‑phase power and dust collector
- Ceilings measure 10'9"
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,333
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
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
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 Rate 5%
$206,660
Cap Rate 7%
$147,614
Cap Rate 9%
$114,811
Alternative Uses
Best Use
Flex RnD
$147.6K
$129.2K – $172.2K
NOI $10,333 @ 7.0% cap · market cap 8.50%
Second Best
Industrial
$86.6K
$75.8K – $101.0K
NOI $6,061 @ 7.0% cap · market cap 4.99%
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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
10 ft
Clear height
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
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
Similar Off Market Nearby
- Bountiful Catering — Monroe, LA 71201
- Trio Community Meals — 1807 Pine St, Monroe, LA 71201
- Rambo's Catering (Rambo Thompson) Chef/ Owner — 400 Cedar St, Monroe, LA 71201
- Firehouse Subs Maison Market — 1191 Lamy Ln, Monroe, LA 71201
Frequently Asked Questions
What type of property is this?
Flex space - Three-phase power, air conditioning, and included material-handling equipment serve a range of workspace needs.
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 building on a 0.45‑acre corner lot; Three‑phase power and dust collector; Ceilings measure 10'9"
