Commercial Land with High
For Sale
$40,000
SHERROUSE AVENUE lot 2, Monroe, LA 71203
LAND - Monroe, LA
Property SizeContact for details
Lot Size0.26 Acres
Days on Market1949
Property Features for SHERROUSE AVENUE lot 2
General Information
Property type
Land
Property subtype
Other
Zoning description
B3
Subdivision
SHERROUSE PARK
Directions
DESIARD TO RIGHT ON SHERROUSE, BEHIND KFC
Standard status
Active
APN
46498
Lot size
0.26 Acres
Taxes and HOA fees
Tax Description
LOT 2 SQ 20 UNIT 5 SHERROUSE
Legal Description
LOT 2 SQ 20 UNIT 5 SHERROUSE
Utilities
Water source
Public
Listing Agency:
Elias Realty
(318) 348-3435
Listed By:
Cynthia Elias · License #0995683220
(318) 348-3435
Added: Apr 29, 2021
Changed: Jul 12
Last Checked: Aug 29 at 8:06AM
MLS# 197204
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 is a vacant commercial land parcel offered for sale, suitable for office or business use. The property consists of one lot and is presented as an undeveloped site, allowing an owner or tenant to design the improvements to fit their operational needs.
The site is located on Sherrouse Avenue in Monroe, Louisiana. The listing notes high visibility and a convenience factor given its position across from the university ULM, along with a variety of restaurants and shopping nearby. That surrounding mix may support a range of daytime and visitor-facing business concepts that benefit from frequent local traffic.
For buyers and operators looking to secure a small, development-ready location, this parcel offers a straightforward platform for an office or business buildout. Because the land is being marketed without existing improvements described, prospective users should plan for site work and permitting aligned with their intended use and development plan. The high-visibility positioning and proximity to university-area retail and dining are practical considerations for businesses seeking consistent local exposure.
The site is located on Sherrouse Avenue in Monroe, Louisiana. The listing notes high visibility and a convenience factor given its position across from the university ULM, along with a variety of restaurants and shopping nearby. That surrounding mix may support a range of daytime and visitor-facing business concepts that benefit from frequent local traffic.
For buyers and operators looking to secure a small, development-ready location, this parcel offers a straightforward platform for an office or business buildout. Because the land is being marketed without existing improvements described, prospective users should plan for site work and permitting aligned with their intended use and development plan. The high-visibility positioning and proximity to university-area retail and dining are practical considerations for businesses seeking consistent local exposure.
Key Highlights
- Public water service
- Location across from the University of Louisiana at Monroe (ULM), with nearby restaurants and shopping
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
484
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 land suited for office or other business uses with high visibility near university, dining, and shopping.
Where is this commercial land located?
The property is located at SHERROUSE AVENUE lot 2 Monroe, LA.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Public water service; Location across from the University of Louisiana at Monroe (ULM), with nearby restaurants and shopping
