Commercial Land Near Highway
For Sale
$300,000
MARTIN LUTHER KING DR, Monroe, LA 71201
LAND, Monroe, LA
Property SizeContact for details
Days on Market271
Property Features for MARTIN LUTHER KING DR
General Information
Property type
Land
Property subtype
Other
Zoning description
Commercial
Lot features
Cleared Lot
Directions
Hwy 165, Louisville to Desiard St to service Rd
Subdivision
131 Monroe & OP-East/ Hwy 165 To Richland Parish
Standard status
Active
APN
12756, 48256, 48255
Taxes and HOA fees
Tax Description
Lot 15, 16 and S 25 ft sq of Lot 17 sq 6 morning side addn
Legal Description
Lot 15, 16 and S 25 ft sq of Lot 17 sq 6 morning side addn
Utilities
Water source
Public
Listing Agency:
Coldwell Banker Group One Realty
(318) 362-0007
Listed By:
Amy Spears · License #0000069328
(318) 614-9285
Added: Dec 12, 2025
Changed: Sep 2
Last Checked: Sep 9 at 1:06AM
MLS# 217434
Copyright © 2026 Northeast Louisiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Commercial land positioned just off Hwy 165 in Monroe, Louisiana. The property is situated behind PeKing restaurant near the intersection of Hwy 165, DeSiard St. and Louisville, with public water identified as an available source.
The site benefits from access to a corridor reporting an approximate D.O.T. daily traffic count of 20k-30k vehicles. Its location near established roadway connections supports consideration for commercial development, subject to applicable approvals and site requirements.
The site benefits from access to a corridor reporting an approximate D.O.T. daily traffic count of 20k-30k vehicles. Its location near established roadway connections supports consideration for commercial development, subject to applicable approvals and site requirements.
Key Highlights
- Commercial land in Monroe, LA 71201
- Just off Hwy 165 near DeSiard St. and Louisville
- Approximate D.O.T. daily traffic count of 20k‑30k
Property Analytics
Property Profile
Current Use
Lease Details
30,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 71201, LA
21,565
Population
10,352
Households
2.1
Avg Household Size
39
Median Age
43%
College-Educated
92%
High-School Grad
14.9 sq mi
ZIP Area
1,447
Density / Sq Mi
$53,538
Median Household Income
$44,262
Median Earnings
$882
Median Rent
$247,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with public water and access near the Hwy 165 corridor.
Where is this commercial land located?
The property is located at MARTIN LUTHER KING DR Monroe, LA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Commercial land in Monroe, LA 71201; Just off Hwy 165 near DeSiard St. and Louisville; Approximate D.O.T. daily traffic count of 20k‑30k
