I-20 Corridor West of Lowe's, Monroe, LA 71202

Listing agent Jennifer Causey License #LA995693195

Listing office John Rea Realty j***@johnrearealty.com Show Phone

Listing date May 13, 2022

Source Crexi

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Overview

This property features approximately 39 acres of vacant commercial land available for development along I-20, situated south of the interstate and just west of Lowe's Home Improvement. All utilities are available to the site. The highest and best uses for the land include retail, commercial, industrial, and multi-family development. The property is located within the city limits of Monroe. Its location along I-20, surrounded by anchor stores, restaurants, hotels, and strip centers, makes it an attractive investment for commercial development. The acreage is approximate, and the buyer is responsible for surveying to determine the exact acreage. The property qualifies for Federal Economic District benefits currently governed by the City of Monroe, with boundaries on the north side of I-20. Any benefits to be derived by an owner or developer are to be determined on a case-by-case basis by the I-20 Economic Development Board.

Map

City

Monroe

County

Ouachita

State

Louisiana

Longitude

-92.0551

Latitude

32.3976

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FAQs

What type of property is this?

Commercial land - 39 acres of commercial land for development along I-20.

Where is this commercial land located?

The property is located at I-20 Corridor West of Lowe's Monroe, LA.

What is the asking price?

The asking price for this property is $1,982,400.

What are key features of this property?

This property features: Prime commercial acreage (39 +/- acres) with I‑20 frontage, offering **high visibility and accessibility**.; Located in an area with established anchor stores, restaurants, hotels, and strip centers, indicating **strong commercial viability**.; All utilities are available, simplifying the development process.