Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    163 Parker Rd Monroe, LA 71202

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-yield warehouse, immediate income.

    Property size:
    2,100 SF

    Property Features for 163 Parker Rd

    General Information

    Property type
    Distribution centers
    Square Feet
    2,100 SF
    Lot Size
    43,560 SF

    We can help!

    Listing Contact
    Laurie Payne
    Laurie Payne

    Listing Agency: Coldwell Banker Group One Realty Listing Agent: Laurie Payne

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional investment opportunity presents a 2,100 square foot warehouse located at 163 Parker Road, Monroe, Louisiana, 71202. Currently leased, this property offers immediate cash flow for the savvy investor. The warehouse sits on a one-acre lot, providing ample space for potential expansion or future development. The asking price is $100,000, representing a strong return on investment given the existing tenant. The property is classified as both industrial and commercial, offering versatility and potential for diverse uses. Its location in Monroe, Louisiana, within Ouachita County, provides convenient access to major transportation routes and a thriving local economy. The property's current lease ensures a steady income stream, minimizing the risk associated with vacancy. Further expansion opportunities exist with the possibility of acquiring additional acreage adjacent to the existing one-acre lot. This is a rare chance to acquire a profitable, income-generating commercial property with significant upside potential. The property is zoned for commercial use. Serious inquiries only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.0524486
    Latitude
    32.4850798

    Nearby Similar for Sale

    • $475,000

      Monroe Office/Warehouse Investment Opportunity

      Adaptable office/warehouse complex in Monroe, ideal for business or investment.
      2830 Breard St, Monroe, LA 71201
      View Details
    • New
      $49,900

      Renovated Commercial Space, Monroe, LA

      Renovated commercial property suitable for various business ventures.
      1408 2Nd St, Monroe, LA 71202
      View Details
    • $138,000
      8,720 SF

      Monroe Office and Warehouse Property

      Office and warehouse property on 0.47 acres in Monroe, LA.
      2801 Desiard St, Monroe, LA 71201
      View Details
    • New
      $145,000
      0.26 Acres

      Monroe LA Duplex Investment Opportunity

      Income-producing duplex near ULM with updates and rear parking.
      1202 Mcguire Ave, Monroe, LA 71203
      View Details
    • $1,000,000
      3,000 SF

      New Medical Facility with Income

      Newly constructed medical facility with on-site ATM lease income.
      140 Rowland Rd, Monroe, LA 71203
      View Details
    • $700,000

      Historic Retail Building in Monroe

      14,000 SF historic building in the Riverside Monroe Cultural District.
      510 Walnut St, Monroe, LA 71201
      View Details
    • $575,000
      15,000 SF

      Warehouse/Office/Retail Facility on Corner Site

      15,000 SF warehouse/office/retail facility on 2.01 AC corner site.
      1137 Highway 80 E, Monroe, LA 71203
      View Details
    • $1,659,000
      9,799 SF

      North Monroe Professional Office Building

      High-quality office building in a prime, visible North Monroe location.
      3995 Sterlington Rd, Monroe, LA 71203
      View Details
    • Contact for pricing
      1,583 SF

      Retail Space on Pecanland Mall

      High-visibility retail space near Interstate 20 and Pecanland Mall.
      4351 Pecanland Mall Dr, Monroe, LA 71203
      View Details
    • Contact for pricing
      4,950 SF

      Monroe Warehouse with Dock Access

      4,950 SF warehouse with dock high roll-up doors.
      158 Parker Rd, Monroe, LA 71202
      View Details
    • Contact for pricing
      3,498 SF

      New b1BANK Relocation Site

      New construction b1BANK relocation site with drive-thru lanes.
      2271 Tower Dr, Monroe, LA 71201
      View Details
    • $1,300,000

      Monroe Flex Space with Warehouse

      Flex space with office and warehouse on 1.34 acres.
      1107 Oliver Rd, Monroe, LA 71201
      View Details

    FAQs

    What type of property is this?
    Distribution center - High-yield warehouse, immediate income.
    Where is this distribution center located?
    The property is located at 163 Parker Rd Monroe, LA.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: Asking price: $100,000; Property type: Industrial land with a 2,100 square foot warehouse.; Located at 163 Parker Road, Monroe, LA 71202.
    (318) 348-3754 Call to check price and availability
    Request Owner's contact information
    163 Parker Rd Monroe, LA 71202
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    163 Parker Rd
    Monroe, LA 71202
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    163 Parker Rd Monroe, LA 71202
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Laurie Payne
    Laurie Payne
    Real Estate License ID: 995711316
    (318) 348-3754
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!