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    8150 Highway 165 Monroe, LA 71203

    For Sale
    $662,112

    Prime Bayoufront Commercial Lot, Monroe, LA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.52-acre commercial lot is situated at 8150 Hwy 165 N in Monroe, Louisiana (Ouachita Parish, zip code 71203). Priced at $662,112 ($261,359/acre), this property boasts a prime bayou-front location offering high-traffic visibility from Highway 165 N. The lot is zoned for commercial use and is part of the Waters Edge at Bayou Trace development, an exciting project currently underway. All necessary infrastructure is in place, including water, sewage, electricity, paved streets, and drainage. A recent survey is available. The property is designated as APN 131452. This is a unique opportunity for businesses seeking high-profile exposure and convenient access to essential utilities. The seller reserves the right to approve the buyer and their intended business. This lot presents a compelling investment opportunity in a thriving commercial area. The property is ready for immediate development.

    Property Features for 8150 Highway 165

    General Information

    Property type
    Land
    Lot Size
    66,211 SF

    HighLights

    • 1.52‑acre bayou‑front commercial lot in Monroe, LA.
    • High‑traffic visibility from Hwy 165 N.
    • All utilities available on‑site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Pharmacy Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita Parish
    State
    Louisiana
    Longitude
    -92.061934331714
    Latitude
    32.626904581977

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    FAQs

    What type of property is this?
    Land - Prime Bayoufront Commercial Lot, Monroe, LA
    Where is this land located?
    The property is located at 8150 Highway 165 Monroe, LA.
    What is the asking price?
    The asking price for this property is $662,112.
    What are key features of this property?
    This property features: 1.52-acre bayou-front commercial lot in Monroe, LA.; High-traffic visibility from Hwy 165 N.; All utilities available on-site.
    Request Owner's contact information
    8150 Highway 165 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
    8150 Highway 165 Monroe, LA 71203
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