Property profile

112 Blanchard St West Monroe, LA 71291

OFF-MARKET
Land
0.15 ac lot
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Property summary

AI-generated overview

This exceptional 0.153-acre commercial land parcel is ideally situated in West Monroe, Louisiana, at 112 Blanchard St, zip code 71291. Zoned for general commercial use, this property presents a unique investment opportunity in a high-traffic area. Its strategic location offers unparalleled visibility and accessibility, shadow anchored by Hobby Lobby and anchored by Big Lots. The property benefits from its proximity to a major retail corridor and convenient access to I-20. Nearby establishments include The Assembly, a Cinemark Theater, multiple hotels, a Walmart Supercenter, and the Glenwood Regional Medical Center, ensuring high foot traffic and customer base. The outparcel features convenient cross parking and access, making it an attractive option for a variety of commercial ventures. The asking price for this prime commercial land is $500,000. Detailed information is available upon request. This is a rare opportunity to acquire a well-located commercial property in a thriving area of West Monroe.

Property profile

Verified
Property type Land
Lot 0.15 ac (6,665 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Grocery & Convenience Store Specialty Food Shop
  • Clothing & Fashion Store
  • Loan Service
  • (Bike/Boat/Book/etc) Store

Location

112 Blanchard St West Monroe, LA 71291
West Monroe metro
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Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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