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Two-Warehouse Industrial Property

8676 Millhaven Road Monroe Monroe, LA 71203

Claim this Listing
New
For Sale
$1,699,000

Industrial tract with blacktop road frontage and two warehouses plus a small office.

Type:Land
Property size:
16,836 SF
Price / SF:
$100.91/SF
Added:
Jul 10, 2026
Days on Market:
5
Last Refresh:
Jul 11 at 3:42 am

Property Features for 8676 Millhaven Road Monroe

General Information

Standard status
Active
Size
16,836 SF
Property subtype
Land

Listing office eXp Realty, LLC

Listing date Jul 10, 2026

Source Johnhoward.exprealty

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 eXp Realty, LLC


Investment Insights

Based on property information with market context.

This sale offering includes a tract with blacktop road frontage and an industrial configuration of two warehouses and a small office. The overall building size is listed at 1,128 square feet, with Warehouse #1 identified at 9,180 square feet and Warehouse #2 identified at 6,528 square feet.

The property fronts I-20 as well as Millhaven Road and Wagon Wheel Road. The public remarks note the site as having multiple development options.

The warehouse-and-office layout provides space for industrial storage or related uses within a single tract featuring multiple warehouse sizes.

Key Highlights

  • Tract with blacktop road frontage on I‑20, Millhaven Rd and Wagon Wheel Rd
  • Two warehouses plus a small office on site
  • Warehouse #1: 9,180 SF

Local Financial Insights For Warehouse

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 $125.3k $7.44
− Vacancy −$8.5k −$0.51
EGI $116.7k $6.93
− OpEx −$17.5k −$1.04
NOI $99.2k $5.89
16,836 SF · lease $7.44/SF/yr · vacancy 6.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.42M
$1.24M – $1.65M (±1% cap)
NOI $99,231 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$181.35M
$158.68M – $211.57M (±1% cap)
NOI $12,694,244 @ 7.0% cap · market cap 747.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

R2 Rentals Waste Management Facility

Suggested Use

Electrical Service Building Supply Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Nursing Home Auto Repair Shop Car Rental Facility

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Storage Rentals of America — 3407 Harvester Dr, Monroe, LA 71203

FAQs

What type of property is this?
Warehouse - Industrial tract with blacktop road frontage and two warehouses plus a small office.
Where is this warehouse located?
The property is located at 8676 Millhaven Road Monroe Monroe, LA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Tract with blacktop road frontage on I‑20, Millhaven Rd and Wagon Wheel Rd; Two warehouses plus a small office on site; Warehouse #1: 9,180 SF
Contact an agent
More about this property
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