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Property profile & analytics
OFF-MARKET
Land

000 Bienville Dr Monroe, LA 71201

1.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.9-acre commercial land parcel presents a remarkable investment opportunity in Monroe, Louisiana. Located in the heart of the city's bustling business district, at 000 Bienville Drive, zip code 71201, this property boasts a highly desirable location with excellent visibility and accessibility. The land is zoned for commercial use, offering a wide range of development possibilities for businesses seeking a prime location. Priced at $10 per square foot, this represents a compelling value proposition for developers and investors alike. The asking price for the entire parcel is $10. This property is uniquely positioned to capitalize on the area's strong economic growth and high demand for commercial space. Furthermore, the property offers the flexibility of being divided into two separate lots, each available for individual purchase (MLS #208414 & #208415), providing additional options for buyers. This presents a rare chance to acquire a strategically located commercial land asset in a thriving Louisiana market. The coordinates are 32.533872997089176 latitude and -92.0985801919419 longitude.

Property profile
Verified
Property type Land
Lot 1.9 ac (82,764 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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