Property profile

112 Blanchard St West Monroe, LA 71291

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 6,675 square foot commercial land parcel presents a unique investment opportunity in West Monroe, Louisiana. Situated at 112 Blanchard Street, this single-tenant property enjoys a highly desirable location within the main retail corridor, offering unparalleled visibility and accessibility. Its strategic placement just off Interstate 20 ensures convenient access for customers and employees alike. The property benefits from a strong shadow anchor presence, with Hobby Lobby and Big Lots drawing significant foot traffic. Further enhancing its appeal is its proximity to a high-volume Walmart Supercenter directly across the street. This prime location is complemented by the presence of additional nearby attractions, including The Assembly, Cinemark Theater, and several hotels, creating a vibrant and bustling environment. Ample parking is available, ensuring convenience for both customers and staff. This property offers an exceptional chance to establish or expand a business in a thriving retail area, capitalizing on the high traffic volume and strong surrounding commercial activity. Don't miss this chance to secure a prominent location in West Monroe's dynamic retail landscape.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Grocery & Convenience Store Specialty Food Shop
  • Clothing & Fashion Store
  • Loan Service
  • (Bike/Boat/Book/etc) Store

Location

112 Blanchard St West Monroe, LA 71291
West Monroe metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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