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    7980 Desiard St Monroe, LA 71203

    For Sale
    $775,000

    Retail & Land, High Income Potential

    Property size:
    3,976 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located at 7980 Desiard Street in Monroe, Louisiana, presents a lucrative investment opportunity. The 5.55-acre lot houses a 3,976 square foot retail building currently operating as Bayou Trade Days, a popular monthly event generating approximately $4,000 in monthly booth rentals. An additional income stream of $1,800 per month is derived from a separate bank building included in the sale, resulting in a combined monthly income of $5,800. The property's potential for increased revenue is significant

    Property Features for 7980 Desiard St

    General Information

    Property type
    Land
    Square Feet
    3,976 SF
    Lot Size
    241,758 SF

    HighLights

    • 5.55‑acre lot in Monroe, LA.
    • 3,976 SF retail building currently leased to Bayou Trade Days, generating approximately $4,000 monthly rental income.
    • Separate bank building on the property generates $1,800 monthly income.
    • Combined monthly income of $5,800.
    • Significant potential for increased revenue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bayou Trade Days ... Market

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.0389024
    Latitude
    32.5270524

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    FAQs

    What type of property is this?
    Land - Retail & Land, High Income Potential
    Where is this land located?
    The property is located at 7980 Desiard St Monroe, LA.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: 5.55-acre lot in Monroe, LA.; 3,976 SF retail building currently leased to Bayou Trade Days, generating approximately $4,000 monthly rental income.; Separate bank building on the property generates $1,800 monthly income.
    Request Owner's contact information
    7980 Desiard St 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
    7980 Desiard St Monroe, LA 71203
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