Commercial
For Sale
$275,000
MARTIN LUTHER KING DR, Monroe, LA 71201
LAND, Monroe, LA
Property SizeContact for details
Days on Market316
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
(318) 614-9285
Added: Dec 12, 2025
Changed: Oct 2
Last Checked: Oct 24 at 5:06AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Multiple commercial parcels are offered on Martin Luther King Dr. in Monroe, Louisiana. Public water is identified as the property's water source.
The site is just off Hwy 165, behind PeKing restaurant, near the intersection of Hwy 165, DeSiard St. and Louisville. The stated D.O.T. daily traffic count is approximately 20k-30k vehicles.
The site is just off Hwy 165, behind PeKing restaurant, near the intersection of Hwy 165, DeSiard St. and Louisville. The stated D.O.T. daily traffic count is approximately 20k-30k vehicles.
Key Highlights
- Multiple commercial lots available
- Just off Hwy 165, near DeSiard St. and Louisville
- D.O.T. daily traffic count of approx. 20k‑30k per day
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Commercial land - Multiple commercial parcels sit near the Hwy 165, DeSiard St. and Louisville intersection.
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 $275,000.
What are key features of this property?
This property features: Multiple commercial lots available; Just off Hwy 165, near DeSiard St. and Louisville; D.O.T. daily traffic count of approx. 20k‑30k per day
