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    588 Meadowlark Dr Monroe, LA 71203

    Sponsored
    For Sale
    $943,250

    53.9 Acres, $943,250, I-20 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 53.9-acre commercial land parcel, located at 588 Meadowlark Dr, Monroe, LA 71203 (APN 0013946), presents a unique investment opportunity. Previously operated as the White Oaks Landfill by BFI, this Type II solid waste facility boasts significant remaining capacity, offering reduced startup costs for a new operator in a regulated market. The property features approximately 1,800 feet of Interstate 20 frontage, providing excellent visibility and accessibility. With approximately eight years remaining on its post-closure period, this site benefits from a strategic location just south of Millhaven North and north of a currently under-construction 1.3 million square foot graphic design facility. The asking price is $943,250, translating to $17,500 per acre. This property is ideal for an entrepreneur seeking to capitalize on existing infrastructure and a prime location in Ouachita Parish, Louisiana. The site's history as a landfill provides a solid foundation for future development, while its proximity to major transportation routes and burgeoning commercial development ensures strong potential for return on investment. Detailed site plans and environmental reports are available upon request.

    Property Features for 588 Meadowlark Dr

    General Information

    Property type
    Land
    Lot Size
    2,347,884 SF

    HighLights

    • Significant landfill capacity remains.
    • Former BFI Type II landfill.
    • 1,800 linear feet of I‑20 frontage.
    • Eight years of post‑closure care remaining.
    • Excellent location south of Millhaven North.
    • 1.3 million square foot graphic design facility under construction to the north.
    Property Profile Location Intelligence

    Current Use by Public Records

    White Oaks Landfill Waste Management Service

    Suggested Use

    Storage Facility Convenience Store Restaurant Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita Parish
    State
    Louisiana
    Longitude
    -91.9725576
    Latitude
    32.4929177

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    FAQs

    What type of property is this?
    Land - 53.9 Acres, $943,250, I-20 Frontage
    Where is this land located?
    The property is located at 588 Meadowlark Dr Monroe, LA.
    What is the asking price?
    The asking price for this property is $943,250.
    What are key features of this property?
    This property features: Significant landfill capacity remains.; Former BFI Type II landfill.; 1,800 linear feet of I-20 frontage.
    Request Owner's contact information
    588 Meadowlark Dr 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
    588 Meadowlark Dr Monroe, LA 71203
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