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    7600-2 Frontage Rd Monroe, LA 71202

    For Sale
    $350,000

    5 Acres, $350,000 - Build to Suit

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5-acre commercial land parcel presents a unique investment opportunity in Monroe, Louisiana. Strategically located on I-20 Frontage Road, this property boasts unparalleled visibility and convenient access to major thoroughfares. Its prime location offers proximity to key amenities, including Sam's Club, Delta Community College, and the Revolution Park Racing & Entertainment Complex, ensuring high traffic volume and strong potential for tenant attraction. The property is zoned for commercial use, providing flexibility for a wide range of development projects. The asking price is $350,000, translating to $70,000 per acre, reflecting the significant value and potential of this location. This build-to-suit opportunity allows for customized development tailored to specific tenant needs, maximizing return on investment. The property's address is 7600-2 Frontage Rd, Monroe, LA 71202, situated in Ouachita Parish. Given its size, location, and zoning, this land parcel is ideal for businesses seeking high visibility and convenient access to a thriving community. The property is ready for immediate development, presenting a rare chance to capitalize on a prime commercial location in a rapidly growing area. Serious inquiries are encouraged.

    Property Features for 7600-2 Frontage Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • $350,000 asking price.
    • 5‑acre commercial land parcel.
    • Located in Monroe, LA, in Ouachita Parish, zip code 71202.
    • Zoned for commercial use.
    • $70,000 per acre land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Auto Parts Store Garden Center Electrical Service Pawn Shop Home Appliance Store Nursing Home Car Rental Bookstore

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita Parish
    State
    Louisiana
    Longitude
    -92.0362258
    Latitude
    32.4925764

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    FAQs

    What type of property is this?
    Land - 5 Acres, $350,000 - Build to Suit
    Where is this land located?
    The property is located at 7600-2 Frontage Rd Monroe, LA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; 5-acre commercial land parcel.; Located in Monroe, LA, in Ouachita Parish, zip code 71202.
    Request Owner's contact information
    7600-2 Frontage Rd Monroe, LA 71202
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    Monroe, LA 71202
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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
    7600-2 Frontage Rd Monroe, LA 71202
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