Versatile Flex Building with Side
2630 DESIARD STREET Monroe, LA 71201
For Sale
$121,500
SINGLE_FAMILY - Monroe, LA
Property Size1,200 SF
Lot Size0.45 Acres
Price / SF$101.25
Days on Market374
Property Features for 2630 DESIARD STREET
General Information
- Property type
- Residential
- Property subtype
- Retail
- Rooms
- Office
- Security features
- Security Lighting, Security System
- Interior features
- Private Bathrooms, Showroom, Security System
- Exterior features
- Lighting/Security
- 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
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric, Wall/Window Unit(s), Window Unit(s)
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: Jul 22
Last Checked: Jul 25 at 3:06PM
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 move-in-ready flex building offers a spacious, versatile interior with 10'9" ceilings, one restroom, extra storage, and a dedicated work area. Improvements include a new roof and new paint, and the building is served by a fully air-conditioned HVAC system reportedly only 6 years old, along with 3-phase power. The layout is supported by 9'6" x 8' double side doors, described as convertible to an overhead door, plus a paved, covered loading/unloading zone.
Set on a nearly 1/2-acre corner lot, the property provides room for future parking, expansion, or outdoor storage. The seller also includes heavy-duty equipment: (2) Yale 1-Ton FWA Cable Trolleys and (2) 1-Ton Budgit hoists for horizontal movement along steel I-beams, along with a dust collector for woodworking or other fabrication needs. Per the listing, all other furniture and contents are included with the sale. The property is formerly associated with Memorial Granite Works, and it has been updated for a broad range of light industrial, service, office, or retail-style uses.
Set on a nearly 1/2-acre corner lot, the property provides room for future parking, expansion, or outdoor storage. The seller also includes heavy-duty equipment: (2) Yale 1-Ton FWA Cable Trolleys and (2) 1-Ton Budgit hoists for horizontal movement along steel I-beams, along with a dust collector for woodworking or other fabrication needs. Per the listing, all other furniture and contents are included with the sale. The property is formerly associated with Memorial Granite Works, and it has been updated for a broad range of light industrial, service, office, or retail-style uses.
Key Highlights
- 1,200 SF commercial building on nearly 1/2 acre corner lot with space for future parking, expansion, or outdoor storage
- New metal roof and new paint, plus 3‑phase power
- Fully air‑conditioned HVAC system only 6 years old
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.3k | $14.40 |
| − Vacancy | −$1.4k | −$1.15 |
| EGI | $15.9k | $13.25 |
| − OpEx | −$5.6k | −$4.64 |
| NOI | $10.3k | $8.61 |
1,200 SF · lease $14.40/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$147.6K
$129.2K – $172.2K
NOI $10,333 @ 7.0% cap · market cap 8.50%
Second Best
Warehouse
$101.0K
$88.4K – $117.9K
NOI $7,073 @ 7.0% cap · market cap 5.82%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Memorial Granite Works
General Contractor
Similar Off Market Nearby
- Bountiful Catering — Monroe, LA 71201
- Rambo's Catering (Rambo Thompson) Chef/ Owner — 400 Cedar St, Monroe, LA 71201
- Trio Community Meals — 1807 Pine St, Monroe, LA 71201
- Firehouse Subs Maison Market — 1191 Lamy Ln, Monroe, LA 71201
FAQs
What type of property is this?
Flex space - Move-in-ready flex building on a corner lot with side doors, covered loading, and updated roof and HVAC.
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 nearly 1/2 acre corner lot with space for future parking, expansion, or outdoor storage; New metal roof and new paint, plus 3‑phase power; Fully air‑conditioned HVAC system only 6 years old
