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    163 Parker Rd Monroe, LA 71202

    For Sale
    $100,000

    High-yield warehouse, immediate income.

    Property size:
    2,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    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 Features for 163 Parker Rd

    General Information

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

    HighLights

    • Asking price: $100,000
    • Property type: Industrial land with a 2,100 square foot warehouse.
    • Located at 163 Parker Road, Monroe, LA 71202.
    • One‑acre lot.
    • Currently leased, providing immediate cash flow.
    • Additional acreage available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

    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

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    FAQs

    What type of property is this?
    Distribution property - High-yield warehouse, immediate income.
    Where is this distribution property 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.
    Request Owner's contact information
    163 Parker Rd Monroe, LA 71202
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    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
    163 Parker Rd Monroe, LA 71202
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