Industrial Warehouse with Rail
2920 COMMERCE AVENUE, Monroe, LA 71201
For Sale
New
$1,250,000
COMMERCIAL/INDUSTRIAL, Monroe, LA
Property Size21,649 SF
Lot Size1.18 Acres
Price / SF$57.74
Days on Market1
Property Features for 2920 COMMERCE AVENUE
General Information
Property type
Property subtype
Security features
Interior features
Exterior features
Lot features
Directions
Subdivision
Standard status
APN
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Cooling system
Building Details
Building materials
Roof type
Listing Agency:
John Rea Realty
(318) 388-0941
Listed By:
Ashley Hubenthal
(318) 807-8282
Added: Nov 13
Last Checked: Nov 13 at 8:06PM
MLS# 221676
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.
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Investment Insights
Based on property information with market context.
At 2920 Commerce Avenue, the industrial property contains approximately 21,649 square feet, including 19,153 square feet of warehouse area and 2,496 square feet of finished offices, reception space, and restrooms. Eight roll-up doors serve the building, three with motorized operation; loading access is available from multiple sides. The warehouse has 14–15-foot clear height, with walls reaching 20 feet in the addition. A fire sprinkler system and concrete construction are also in place.
A rail spur runs behind the building and connects to two rail-side doors. The 1.18-acre parcel includes more than 25 concrete parking spaces. Building systems include three-phase power, natural gas, public water and sewer, central heat and air, and a metal roof. The property is within Monroe city limits.
A rail spur runs behind the building and connects to two rail-side doors. The 1.18-acre parcel includes more than 25 concrete parking spaces. Building systems include three-phase power, natural gas, public water and sewer, central heat and air, and a metal roof. The property is within Monroe city limits.
Key Highlights
- Approximately 21,649 SF, including 19,153 SF of warehouse and 2,496 SF of finished office space
- Eight roll‑up doors, three of them motorized, with access from multiple sides
- 14–15 ft clear height; walls reach 20 ft in the addition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,338
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,186,760
$2.2M
Cap Rate 7%
$1,561,971
$1.6M
Cap Rate 9%
$1,214,867
$1.2M
Market Conditions
NOI Build-Up for 21,649 SF
Gross rent
$168.9K $7.80/SF
− Vacancy
−$12.7K −$0.59/SF
EGI
$156.2K $7.22/SF
− OpEx
−$46.9K −$2.16/SF
NOI
$109.3K $5.05/SF
Area
Ouachita County, LA
Vacancy
7.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,186,760
Cap Rate 7%
$1,561,971
Cap Rate 9%
$1,214,867
Alternative Uses
Best Use
Warehouse
$1.82M
$1.59M – $2.13M
NOI $127,599 @ 7.0% cap · market cap 10.21%
Second Best
Industrial
$1.56M
$1.37M – $1.82M
NOI $109,338 @ 7.0% cap · market cap 8.75%
Theoretical Best
Office A
$12.79M
$11.20M – $14.93M
NOI $895,633 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
15 ft
Clear height
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,332
Businesses Nearby
Well-served
Demand for This Use
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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
$247,100
Median Home Value
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Market
Average Price Trend$/SF for Warehouses in Monroe, LA
Properties on Market for Warehouses in Monroe
Vacancy Rate% for Industrial in South region
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- Super Movers
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse and finished office space are supported by multiple loading doors, three-phase power, and on-site rail access.
Where is this warehouse located?
The property is located at 2920 COMMERCE AVENUE Monroe, LA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 21,649 SF, including 19,153 SF of warehouse and 2,496 SF of finished office space; Eight roll‑up doors, three of them motorized, with access from multiple sides; 14–15 ft clear height; walls reach 20 ft in the addition
