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    3600 Reddix Ln Monroe, LA 71202

    Sponsored
    For Sale
    $125,000

    Spacious Office Building, 0.24 Acres

    Property size:
    2,430 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property located at 3600 Reddix Lane, Monroe, Louisiana, 71202 presents a unique investment opportunity. The property encompasses a substantial 2,430 square feet of office space, ideally suited for a variety of business ventures. The building's generous size allows for multiple business operations or expansion within a single location. The property also includes a sizable 0.24-acre lot, offering ample outdoor space for parking, landscaping, or potential future development. Situated in Ouachita County, this property benefits from convenient access to local amenities and transportation routes. The asking price for this versatile commercial property is $125,000. This represents a compelling opportunity to acquire a well-positioned commercial building with significant potential for growth and return on investment. The property is ready for immediate occupancy, providing a seamless transition for businesses seeking a new home. Don't miss this chance to secure a prime commercial property in a thriving Louisiana market. Contact us today to schedule a viewing.

    Property Features for 3600 Reddix Ln

    General Information

    Property type
    Land
    Square Feet
    2,430 SF
    Lot Size
    10,454 SF

    HighLights

    • $125,000 asking price.
    • Office and land property totaling 2,430 square feet.
    • Located at 3600 Reddix Lane, Monroe, LA 71202, on a 0.24‑acre lot.
    • Suitable for multiple businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jones Manufacturing & Uphlstry Upholstery Shop

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Wholesale Shop 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
    -92.0896848
    Latitude
    32.4626784

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    FAQs

    What type of property is this?
    Land - Spacious Office Building, 0.24 Acres
    Where is this land located?
    The property is located at 3600 Reddix Ln Monroe, LA.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: $125,000 asking price.; Office and land property totaling 2,430 square feet.; Located at 3600 Reddix Lane, Monroe, LA 71202, on a 0.24-acre lot.
    Request Owner's contact information
    3600 Reddix Ln 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
    3600 Reddix Ln Monroe, LA 71202
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