Versatile Warehouse with Rail
2920 COMMERCE ST Monroe, LA 71201
20,496 SF warehouse with office space and rail access.
Type:Industrial, Mixed Use
Property size:
22,224 SFPrice / SF:
$56.25/SF- Added:
- May 21, 2026
- Days on Market:
- 55
- Last Refresh:
- May 27 at 8:17 am
Property Features for 2920 COMMERCE ST
General Information
- Standard status
- Active
- Size
- 22,224 SF
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 1960
Listing office THLT Realty
Listing date May 21, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of THLT Realty
Investment Insights
Based on property information with market context.
An industrial facility is available at 2920 Commerce Street in Monroe, Louisiana. The property is a 20,496 square-foot warehouse facility with approximately 1,728 square feet of office space. It is designed to accommodate various industrial and commercial operations, including distribution, manufacturing, logistics, construction services, fabrication, storage, and flex industrial use. The property features six loading/trucking bays and two additional bay doors opening toward the railroad spur behind the facility, creating an opportunity for rail-served operations and expanded shipping capabilities. The warehouse layout allows for customized workflows, inventory management, equipment storage, production operations, or regional distribution needs. The property was formerly a refrigerated warehouse and is currently operating as a baseball academy; however, the existing use is temporary, and all equipment will be removed upon sale, allowing the next owner or tenant to transform the facility to meet their operational requirements. The property's combination of warehouse space, office buildout, multiple loading areas, and rail accessibility makes it positioned within the North Louisiana industrial market. Located within an established industrial corridor in Monroe with access throughout Ouachita Parish, 2920 Commerce Street offers the infrastructure, accessibility, and scalability businesses need to support long-term operational growth. The property has potential for owner-occupancy, expansion, relocation, or investment.
Key Highlights
- Rail‑served operations potential with two bay doors opening to a railroad spur.
- Versatile ±20,496 SF warehouse facility with approximately 1,728 SF of office space.
- Six loading/trucking bays for efficient shipping and receiving.
Local Financial Insights For Industrial
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 | $173.3k | $7.80 |
| − Vacancy | −$13.0k | −$0.59 |
| EGI | $160.3k | $7.22 |
| − OpEx | −$48.1k | −$2.16 |
| NOI | $112.2k | $5.05 |
22,224 SF · lease $7.80/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$9.56M
$8.37M – $11.15M
NOI $669,294 @ 7.0% cap · market cap 53.54%
Second Best
Flex RnD
$2.73M
$2.39M – $3.19M
NOI $191,375 @ 7.0% cap · market cap 15.31%
Theoretical Best
Multifamily LT 5
$239.38M
$209.46M – $279.28M
NOI $16,756,764 @ 7.0% cap · market cap 1,340.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Any Day Golf
Golf Course
643 Hitting Academy
Arcade & Gaming Center
Similar For Sale Nearby
Similar Off Market Nearby
- McCorquodale Transfer, Inc. — 2802 Desiard St #7206, Monroe, LA 71201
- Tower Self Storage Phase 2 — 1140 Lamy Ln, Monroe, LA 71201
- Louisville Self Storage — 3232 Superior Ln, Monroe, LA 71201
- File Depot — 3121 Kilpatrick Blvd, Monroe, LA 71201
- Tower Storage Phase 4 — 609 N 31st St, Monroe, LA 71201
FAQs
What type of property is this?
Warehouse - 20,496 SF warehouse with office space and rail access.
Where is this warehouse located?
The property is located at 2920 COMMERCE ST 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: Rail‑served operations potential with **two bay doors opening to a railroad spur.**; Versatile ±20,496 SF warehouse facility with approximately 1,728 SF of office space.; **Six loading/trucking bays for efficient shipping and receiving.**
