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    18Th St Monroe, LA 71201

    For Sale
    $499,990

    1.75 AC Commercial Land, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.75-acre commercial land parcel presents a remarkable investment opportunity in Monroe, Louisiana. Situated at the highly visible corner of N 18th Street and Washington Street, this property boasts 410 feet of frontage on N 18th Street and 185 feet on Washington Street. The location benefits from a traffic signal-controlled intersection, ensuring maximum exposure for any commercial venture. A 2009 traffic count recorded 19,548 vehicles per day. Its strategic position offers unparalleled convenience, being just one mile from Interstate 20 and Highway 165, and only 0.3 miles from Louisville Avenue/Highway 80. All essential utilities—electric, water, gas, sewer, and storm drain—are readily available. The property is zoned B-3, designating it for general business and commercial development. The parcel's size, high traffic volume, and prime location make it ideal for a wide range of commercial uses. The property's APN numbers are 48272, 48850, and 50587. The asking price is $499,990. This is an owned property.

    Property Features for 0 18Th St

    General Information

    Property type
    Land
    Lot Size
    76,230 SF

    HighLights

    • Corner lot at N 18th & Washington Streets in Monroe, LA.
    • High‑traffic location (19,548 VPD in 2009) with signalized intersection.
    • Excellent access to I‑20 and Hwy 165.
    • All utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Ouachita Parish
    State
    Louisiana
    Longitude
    -92.104502741677
    Latitude
    32.514500608334

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    FAQs

    What type of property is this?
    Land - 1.75 AC Commercial Land, Prime Location
    Where is this land located?
    The property is located at 18Th St Monroe, LA.
    What is the asking price?
    The asking price for this property is $499,990.
    What are key features of this property?
    This property features: Corner lot at N 18th & Washington Streets in Monroe, LA.; High-traffic location (19,548 VPD in 2009) with signalized intersection.; Excellent access to I-20 and Hwy 165.
    Request Owner's contact information
    18Th St Monroe, LA 71201
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    Monroe, LA 71201
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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
    18Th St Monroe, LA 71201
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