Automotive Flex Property with
For Sale
Contact for pricing
814 THOMAS RD, West Monroe, LA 71292
Versatile commercial space with spacious work areas and ample parking, suited to a range of automotive and service uses.
Property Size2,243 SF
Price / SF$178.33
Days on Market57
Property Features for 814 THOMAS RD
General Information
Standard status
Active
Size
2,243 SF
Property subtype
Retail, Industrial, Special Purpose
Building Details
Year Built
2003
Listing Agency:
THLT Realty
Listed By:
DJ Fortenberry · License #LA995703403
Source:
Crexi
Added: Jun 10
Changed: Jul 10
Last Checked: Aug 5 at 7:49AM
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.
This for-sale automotive flex property at 814 THOMAS RD, WEST MONROE, LA 71292 is designed around practical operations, with spacious work areas and a flexible layout that can support a variety of business needs. The property also includes ample parking, which can help streamline customer and vehicle access for everyday activity.
The site is presented as being located in a highly accessible area, with visibility and high traffic exposure noted in the remarks. While those factors can be important to many commercial concepts, the more tangible takeaway here is the combination of functional interior work space and parking that supports on-site operations.
Owner-operators and tenant users typically gravitate toward spaces like this when they need room to work and a configuration that can adjust as their business evolves. Because this is a flex-style offering, it may fit a range of automotive and service-oriented users looking for a straightforward property to run their operation from. The property is listed for sale at $400,000, and the total property size is 2,243 square feet, providing a compact footprint for businesses that want to be efficient while staying operationally capable.
The site is presented as being located in a highly accessible area, with visibility and high traffic exposure noted in the remarks. While those factors can be important to many commercial concepts, the more tangible takeaway here is the combination of functional interior work space and parking that supports on-site operations.
Owner-operators and tenant users typically gravitate toward spaces like this when they need room to work and a configuration that can adjust as their business evolves. Because this is a flex-style offering, it may fit a range of automotive and service-oriented users looking for a straightforward property to run their operation from. The property is listed for sale at $400,000, and the total property size is 2,243 square feet, providing a compact footprint for businesses that want to be efficient while staying operationally capable.
Key Highlights
- Commercial property built in 2003
- Versatile layout with spacious work areas suited to a range of automotive and service uses
- Ample parking available for customers and employees
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 | $17.5k | $7.80 |
| − Vacancy | −$1.3k | −$0.59 |
| EGI | $16.2k | $7.22 |
| − OpEx | −$4.9k | −$2.16 |
| NOI | $11.3k | $5.05 |
2,243 SF · lease $7.80/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$879.3K
$769.4K – $1.03M
NOI $61,550 @ 7.0% cap · market cap 15.39%
Second Best
Industrial
$161.8K
$141.6K – $188.8K
NOI $11,328 @ 7.0% cap · market cap 2.83%
Theoretical Best
Multifamily LT 5
$24.16M
$21.14M – $28.19M
NOI $1,691,209 @ 7.0% cap · market cap 422.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
43k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 19%
Groceries 19%
Home Improvements & Furnishings 3%
Circle K
Shops & Services
15,094 visits/mo
0.4 miles
Arby's
Dining
8,351 visits/mo
0.3 miles
Dollar General Market
Groceries
8,326 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
5,729 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
2,696 visits/mo
0.2 miles
Demographics for 71292, LA
22,774
Population
10,257
Households
2.2
Avg Household Size
39
Median Age
18%
College-Educated
84%
High-School Grad
153.7 sq mi
ZIP Area
148
Density / Sq Mi
$51,317
Median Household Income
$40,879
Median Earnings
$885
Median Rent
$119,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Precision Automotive Works — 709 Adell St, West Monroe, LA 71292
- Rob's Automotive — 1500 Tim St, West Monroe, LA 71292
- Beasley's Automotive — 307 Hazelwood St, West Monroe, LA 71292
- Cycle Works — 1500 Tim St, West Monroe, LA 71292
- Roadside Rescue Towing and Roadside Assistance — 605 Blazier St, West Monroe, LA 71292
Frequently Asked Questions
What type of property is this?
Auto shop - Versatile commercial space with spacious work areas and ample parking, suited to a range of automotive and service uses.
Where is this auto shop located?
The property is located at 814 THOMAS RD West Monroe, LA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Commercial property built in 2003; Versatile layout with spacious work areas suited to a range of automotive and service uses; Ample parking available for customers and employees
