Vacant Land with Road
For Sale
$80,000
MARTIN LUTHER KING JUNIOR DRIVE, Monroe, LA 71203
LAND - Monroe, LA
Lot Size0.21 Acres
Days on Market251
Property Features for MARTIN LUTHER KING JUNIOR DRIVE
General Information
Property type
Land
Property subtype
Other
Zoning description
Res or Com
Subdivision
BOOKER T WASHNG
Lot features
Corner Lot
Middle school
MARTIN LUTHER K
High school
WOSSMAN CY
Directions
head south on US-165 S, turn left onto US-80 east louisville ave, continue straight to Washington Street until martin Luther king dr, the lot with be on right side corner of Louberta st and MLK drive
Standard status
Active
APN
56698
Lot size
0.21 Acres
Taxes and HOA fees
Tax Description
LOTS 10 & 11 SQ 50-B UNIT 12BTW ADDN
Legal Description
LOTS 10 & 11 SQ 50-B UNIT 12BTW ADDN
Utilities
Water source
Public
Listing Agency:
Coldwell Banker Group One Realty
(318) 362-0007
Listed By:
Jennifer Dennis
(318) 230-3354
Added: Nov 21, 2025
Changed: Jul 9
Last Checked: Jul 30 at 5:06PM
MLS# 217237
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.
This offering is a vacant commercial land parcel in Monroe, Louisiana. The property is set up as developable land, with no improvements currently listed, giving buyers flexibility for their intended use. The parcel is identified with road frontage and a total area of 0.21 acres.
The lot is located on Martin Luther King Junior Drive in Monroe (71203). It benefits from direct road frontage, which supports straightforward vehicle access for a future project. The listing zoning is noted as Res Or Com, providing a mixed residential or commercial designation for planning purposes.
For buyers looking to move quickly, this vacant site may be a practical choice for new build development or site investment, subject to applicable permitting and zoning requirements. The Res Or Com zoning category is particularly relevant for users exploring options that could fall within either residential or commercial uses, depending on final approvals. Prospective developers should review the zoning designation and any local requirements before finalizing plans for construction, site layout, and permitted use.
The lot is located on Martin Luther King Junior Drive in Monroe (71203). It benefits from direct road frontage, which supports straightforward vehicle access for a future project. The listing zoning is noted as Res Or Com, providing a mixed residential or commercial designation for planning purposes.
For buyers looking to move quickly, this vacant site may be a practical choice for new build development or site investment, subject to applicable permitting and zoning requirements. The Res Or Com zoning category is particularly relevant for users exploring options that could fall within either residential or commercial uses, depending on final approvals. Prospective developers should review the zoning designation and any local requirements before finalizing plans for construction, site layout, and permitted use.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 71203, LA
37,438
Population
17,178
Households
2.2
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
118.5 sq mi
ZIP Area
316
Density / Sq Mi
$46,822
Median Household Income
$35,630
Median Earnings
$987
Median Rent
$181,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant lot with road frontage in Monroe, suited for new construction under Res Or Com zoning.
Where is this commercial land located?
The property is located at MARTIN LUTHER KING JUNIOR DRIVE Monroe, LA.
What is the asking price?
The asking price for this property is $80,000.
