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    Parker Rd Monroe, LA 71202

    For Sale
    $815,000

    Monroe, LA Industrial Property - Owner Financing Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 60-acre industrial property, located at 0 Parker Road in Monroe, Louisiana, presents a unique investment opportunity. Situated in Ouachita Parish, this cleared and cleaned site boasts convenient access to I-20, with additional road frontage on Garrett Road and Woolsey Road. The property is zoned for industrial use and includes a warehouse currently under a lease-purchase agreement generating $900 per month in income. This income stream can be included or excluded as part of the sale, offering flexibility to potential buyers. The asking price for this substantial land parcel and warehouse is $815,000. Owner financing is available, making this an attractive proposition for investors seeking a strong return on investment. The property's prime location and existing infrastructure make it ideal for various industrial developments or expansion projects. The seller has invested significantly in preparing the land for immediate development, minimizing upfront costs for the new owner. This is a rare opportunity to acquire a large, well-located industrial property with potential for immediate income generation in a thriving Louisiana market. The property's size and accessibility make it suitable for a wide range of industrial uses. Serious inquiries are encouraged.

    Property Features for 0 Parker Rd

    General Information

    Property type
    Distribution properties
    Lot Size
    2,613,600 SF

    HighLights

    • 60‑acre industrial property in Monroe, LA, offering a unique investment opportunity.
    • Convenient I‑20 access, plus frontage on Garrett and Woolsey Roads.
    • Zoned for industrial use; includes a warehouse under lease‑purchase, generating $900/month income (negotiable).
    • Asking price: $815,000; owner financing available.
    • Cleared and ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.0389152
    Latitude
    32.4725836

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    FAQs

    What type of property is this?
    Distribution property - Monroe, LA Industrial Property - Owner Financing Available
    Where is this distribution property located?
    The property is located at Parker Rd Monroe, LA.
    What is the asking price?
    The asking price for this property is $815,000.
    What are key features of this property?
    This property features: 60-acre industrial property in Monroe, LA, offering a unique investment opportunity.; Convenient I-20 access, plus frontage on Garrett and Woolsey Roads.; Zoned for industrial use; includes a warehouse under lease-purchase, generating $900/month income (negotiable).
    Request Owner's contact information
    Parker Rd Monroe, LA 71202
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    Parker Rd
    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
    Parker Rd Monroe, LA 71202
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