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    Monroe La Bienville Dr Monroe, LA 71201

    For Sale
    Contact for pricing

    0.7-acre lot, ideal business location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.7-acre commercial land parcel presents a remarkable investment opportunity in Monroe, Louisiana. Situated in the heart of the city's bustling business district, this property offers unparalleled accessibility and visibility. Zoned for commercial use, the possibilities are vast, making it suitable for a diverse range of businesses. The lot's size provides ample space for development, allowing for flexibility in design and construction. With a price of $10 per square foot, this represents a compelling value proposition in a thriving market. The asking price for this strategically located property is $10. This property is conveniently located at 0 Bienville Drive, Monroe, LA 71201, in Ouachita Parish. Its precise coordinates are 32.5351634 latitude and -92.098396 longitude. For those seeking a larger footprint, an adjacent 1.2-acre lot (MLS #208415) is also available for purchase, offering a combined total of 1.9 acres for expanded development potential. This prime location ensures high traffic and exposure, making it an attractive proposition for businesses seeking a prominent presence in Monroe's commercial landscape. Don't miss this chance to acquire a highly desirable commercial property in a dynamic and growing area.

    Property Features for Monroe La Bienville Dr

    General Information

    Property type
    Land
    Lot Size
    30,492 SF

    HighLights

    • 0.7‑acre commercial lot in Monroe, LA's business district, zoned for commercial use.
    • $10 per square foot asking price, totaling $304,920.
    • Located at 0 Bienville Drive, Monroe, LA 71201 (32.5351634, -92.098396).
    • Adjacent 1.2‑acre lot (MLS #208415) available for purchase, offering a combined 1.9 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Ouachita Parish
    State
    Louisiana
    Longitude
    -92.098396
    Latitude
    32.5351634

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    FAQs

    What type of property is this?
    Land - 0.7-acre lot, ideal business location
    Where is this land located?
    The property is located at Monroe La Bienville Dr Monroe, LA.
    What is the asking price?
    The asking price for this property is $10.
    What are key features of this property?
    This property features: 0.7-acre commercial lot in Monroe, LA's business district, zoned for commercial use.; $10 per square foot asking price, totaling $304,920.; Located at 0 Bienville Drive, Monroe, LA 71201 (32.5351634, -92.098396).
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    Monroe La Bienville Dr Monroe, LA 71201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Monroe La Bienville Dr Monroe, LA 71201
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