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    00 Bienville Dr Monroe, LA 71201

    For Sale
    Contact for pricing

    1.19 Acres, Business District, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.19-acre commercial land parcel presents a compelling investment opportunity in Monroe, Louisiana. Located in the heart of the city's business district, at 00 Bienville Drive, 71201, this property boasts a highly desirable location with significant development potential. The land is zoned for commercial use, offering flexibility for a wide range of businesses. With a land value of $10 per square foot, the asking price is $10. The property's central location ensures high visibility and accessibility, making it an ideal site for various commercial ventures. Its proximity to established businesses and key infrastructure further enhances its appeal. This lot is conveniently situated at 32.533872997089176 latitude and -92.0985801919419 longitude. For those seeking a larger footprint, the adjacent lot (MLS #208414) is also available for purchase, combining to create a substantial 1.9-acre development site. This presents a unique chance to acquire a prime piece of commercial real estate in a thriving Louisiana market. Don't miss this opportunity to secure a strategic location for your next commercial endeavor.

    Property Features for 00 Bienville Dr

    General Information

    Property type
    Land
    Lot Size
    51,836 SF

    HighLights

    • 1.19‑acre commercial lot in Monroe, LA's business district, zoned for commercial use.
    • Asking price reflects a land value of $10/SF.
    • High visibility and accessibility due to central location.
    • Adjacent lot (MLS #208414) also available for purchase, totaling 1.9 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.098580191942
    Latitude
    32.533872997089

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    FAQs

    What type of property is this?
    Land - 1.19 Acres, Business District, High Potential
    Where is this land located?
    The property is located at 00 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: 1.19-acre commercial lot in Monroe, LA's business district, zoned for commercial use.; Asking price reflects a land value of $10/SF.; High visibility and accessibility due to central location.
    Request Owner's contact information
    00 Bienville Dr Monroe, LA 71201
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    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
    00 Bienville Dr Monroe, LA 71201
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