FERRAND STREET lot 1 & 2 Monroe, LA 71201

Listing agency John Rea Realty Show Phone

Listed by Jennifer Causey · License #LA995693195 Show Phone

Added: Jul 24, 2024 Updated: Jul 17 at 3:28AM Checked: Jul 21 at 11:06AM

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MLS# 211016

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Investment Insights

Based on property information with market context.

Two commercial lots are available in a business park setting in Monroe, Louisiana, with the option to purchase one lot or both together. Lot 1 is offered with frontage on Armand Connector, and Lot 2 offers frontage on Ferrand Street. Both lots are zoned B-2 (Neighborhood Business District) and have all utilities available to the site. The property is not located in a flood zone.

Access and connectivity are supported by the property’s proximity to major roadways, including Hwy 165/Sterlington Rd and I-20, as well as Forsythe Ave. Directions from Forsythe Ave are north on Armand Connector or Ferrand Street, with the property located between Tower Drive and N 18th Street.

Lot 1 totals 0.73 acres, and Lot 2 totals 0.92 acres. Combined, the offering totals 1.65 acres.

Key Highlights

• Commercial lots in Tower‑Armand Business Park, Monroe, LA; buy Lot 1, Lot 2, or both
• Lot 1: 0.73 acres with Armand Connector frontage; priced at $7.00 PSF (total $222,591)
• Lot 2: 0.92 acres with Ferrand Street frontage; priced at $7.00 PSF (total $281,106)

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FAQs

What type of property is this?

Commercial land - Two B-2 zoned lots with utilities available, not in a flood zone, offering frontage on Armand Connector and Ferrand Street.

Where is this commercial land located?

The property is located at FERRAND STREET lot 1 & 2 Monroe, LA.

What is the asking price?

The asking price for this property is $503,697.

What are key features of this property?

This property features: Commercial lots in Tower‑Armand Business Park, Monroe, LA; buy Lot 1, Lot 2, or both; Lot 1: 0.73 acres with Armand Connector frontage; priced at $7.00 PSF (total $222,591); Lot 2: 0.92 acres with Ferrand Street frontage; priced at $7.00 PSF (total $281,106)