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    165 Sterlington Rd Monroe, LA 71203

    For Sale
    $1,223,165

    High-traffic Hwy 165 commercial lot. Prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 2.34-acre commercial land parcel is strategically located on Highway 165 in Monroe, Louisiana, at a divided highway median crossover, offering unparalleled visibility and accessibility. The property boasts 238 feet of highway frontage and a lot depth of 457 feet. It's zoned for Commercial/Multi-Family use and all utilities are readily available on-site. The asking price is $1,223,165, translating to $12 per square foot. This site is part of the Sunflower Place Business Park, a thriving commercial area featuring established businesses such as Bestz Donuts, RUYA Boutique, Revival Pizza, Mil Amores Steaks & Cantina, and Kraftman Federal Credit Union. The property's proximity to Sterlington High School, the new Sterlington Middle School, and Sterlington Elementary School (all within 0.7 miles) further enhances its appeal. This location benefits from high traffic counts and is surrounded by other successful businesses, including Ron Bush's State Farm, Fish House Restaurant, The Beauty Bar, BBQ Pit, Rio Nails, and Lilyana's Boutique. This presents a unique opportunity for developers and investors seeking a high-visibility location with strong potential for growth and return on investment. The property's APN is 113061. The address is 165 Sterlington Rd, Monroe, LA 71203.

    Property Features for 165 Sterlington Rd

    General Information

    Property type
    Land
    Lot Size
    101,930 SF

    HighLights

    • 238 feet of frontage.
    • Highway 165 access with median crossover.
    • 457‑foot lot depth.
    • All utilities available.
    • High‑visibility location directly across from Sterlington High School.
    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 Parish
    State
    Louisiana
    Longitude
    -92.058912729556
    Latitude
    32.644146248268

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    FAQs

    What type of property is this?
    Land - High-traffic Hwy 165 commercial lot. Prime location.
    Where is this land located?
    The property is located at 165 Sterlington Rd Monroe, LA.
    What is the asking price?
    The asking price for this property is $1,223,165.
    What are key features of this property?
    This property features: 238 feet of frontage.; Highway 165 access with median crossover.; 457-foot lot depth.
    Request Owner's contact information
    165 Sterlington Rd Monroe, LA 71203
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    Monroe, LA 71203
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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
    165 Sterlington Rd Monroe, LA 71203
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