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Multi-Suite Medical Office Building

3510 MEDICAL PARK DRIVE, Monroe, LA 71203

For Sale
New
$1,350,000

COMMERCIAL/INDUSTRIAL, Monroe, LA

Property Size28,130 SF
Lot Size2.97 Acres
Price / SF$47.99
Days on Market7

Property Features for 3510 MEDICAL PARK DRIVE

General Information

Property type Residential
Property subtype Office
Zoning description B-4
Rooms Office
Security features Security Lighting
Interior features Private Bathrooms
Exterior features Lighting/Security
Lot features Loc. in City Limits
Subdivision 113 North Monroe
Standard status Active
APN 88334
Lot size 2.97 Acres

Additional Details

Property Use Medical Office

Taxes and HOA fees

Tax Description LOT 4 SQ B NORTH MONROE MEDICAL PARK UNIT 1
Legal Description LOT 4 SQ B NORTH MONROE MEDICAL PARK UNIT 1

Utilities

Heating system Central
Cooling system Central Air

Building Details

Number of units 8
Building materials Brick Veneer, Frame
Roof type Composition
Buildings 1
Listing Agency: Faulk & Foster Real Estate Services
Listed By: JW Perry · License #0995683525
Added: Nov 3 Last Checked: Nov 9 at 4:06AM
MLS# 221518

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 3510 Medical Park Drive, this medical office property contains approximately 28,130 SF across 2.97+/- acres. The interior includes eight primary suites, a former medical laboratory area, shared spaces and additional upstairs area. Private bathrooms are among the listed interior features, and each suite has its own HVAC air handler. The building was originally configured for nine medical users.

Brick veneer and frame construction, central heating and central air, a composition roof, and exterior lighting/security are among the property’s physical features. Located in Monroe, Louisiana, the property is offered for sale and lease.

Key Highlights

  • Approximately 28,130 SF on 2.97+/- acres
  • Eight primary suites, originally configured for nine medical users
  • Each suite has an individual HVAC air handler

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Family Medicine Center Medical Clinic Internal Medicine-Twin Cities: ... Physician LABCORP Medical Laboratory Khaled Shafiei Pediatrician Amin Elmalah Physician

Suggested Use

Top Pick Electrical Service Hair Salon Auto Parts Store Plumbing Service Bakery HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby
Balanced
Demand for This Use

Demographics for 71203, LA

37,438
Population
17,178
Households
2.2
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
118.5 sq mi
ZIP Area
316
Density / Sq Mi
$46,822
Median Household Income
$35,630
Median Earnings
$987
Median Rent
$181,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Medical Office Space in Ouachita County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • North Monroe Animal Hospital — 4300 Sterlington Rd, Monroe, LA 71203
  • Bayou Oaks Veterinary Clinic — 3408 Medical Park Dr, Monroe, LA 71203

Frequently Asked Questions

What type of property is this?
Medical Office Space - Eight suites with individual HVAC air handlers offer an existing framework for separate occupancy.
Where is this medical office space located?
The property is located at 3510 MEDICAL PARK DRIVE Monroe, LA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approximately 28,130 SF on 2.97+/- acres; Eight primary suites, originally configured for nine medical users; Each suite has an individual HVAC air handler
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