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    000 Bienville Dr Monroe, LA 71201

    For Sale
    Contact for pricing

    1.9 Acres, Business District, $10/SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.9-acre commercial land parcel presents a remarkable investment opportunity in Monroe, Louisiana. Located in the heart of the city's bustling business district, at 000 Bienville Drive, zip code 71201, this property boasts a highly desirable location with excellent visibility and accessibility. The land is zoned for commercial use, offering a wide range of development possibilities for businesses seeking a prime location. Priced at $10 per square foot, this represents a compelling value proposition for developers and investors alike. The asking price for the entire parcel is $10. This property is uniquely positioned to capitalize on the area's strong economic growth and high demand for commercial space. Furthermore, the property offers the flexibility of being divided into two separate lots, each available for individual purchase (MLS #208414 & #208415), providing additional options for buyers. This presents a rare chance to acquire a strategically located commercial land asset in a thriving Louisiana market. The coordinates are 32.533872997089176 latitude and -92.0985801919419 longitude.

    Property Features for 000 Bienville Dr

    General Information

    Property type
    Land
    Lot Size
    82,764 SF

    HighLights

    • 1.9‑acre commercial land parcel in Monroe, LA's business district.
    • Located at 000 Bienville Drive, 71201, with excellent visibility and accessibility.
    • Zoned for commercial use, offering diverse development possibilities.
    • Priced at $10 per square foot, totaling $10 for the entire parcel.
    • Divisible into two separate lots (MLS #208414 & #208415), available for individual purchase.
    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 - 1.9 Acres, Business District, $10/SF
    Where is this land located?
    The property is located at 000 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: 1.9-acre commercial land parcel in Monroe, LA's business district.; Located at 000 Bienville Drive, 71201, with excellent visibility and accessibility.; Zoned for commercial use, offering diverse development possibilities.
    Request Owner's contact information
    000 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
    000 Bienville Dr Monroe, LA 71201
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