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Property profile & analytics
OFF-MARKET
Land

0 18Th St Monroe, LA 71201

1.75 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.75 ac (76,230 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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