0 18Th St Monroe, LA 71201
This exceptional 1.75-acre commercial land parcel presents a remarkable investment opportunity in Monroe, Louisiana. Situated at the highly visible corner of N 18th Street and Washington Street, this property boasts 410 feet of frontage on N 18th Street and 185 feet on Washington Street. The location benefits from a traffic signal-controlled intersection, ensuring maximum exposure for any commercial venture. A 2009 traffic count recorded 19,548 vehicles per day. Its strategic position offers unparalleled convenience, being just one mile from Interstate 20 and Highway 165, and only 0.3 miles from Louisville Avenue/Highway 80. All essential utilities—electric, water, gas, sewer, and storm drain—are readily available. The property is zoned B-3, designating it for general business and commercial development. The parcel's size, high traffic volume, and prime location make it ideal for a wide range of commercial uses. The property's APN numbers are 48272, 48850, and 50587. The asking price is $499,990. This is an owned property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.