501 Breard St Monroe, LA 71201
This exceptional business opportunity presents a prime investment in a well-established self-storage facility located in the heart of Downtown Monroe, Louisiana, at 501 Breard Street. The property boasts a total of 4,580 square feet of climate-controlled storage space, ensuring the protection of tenant belongings from temperature fluctuations and humidity. Each unit offers generous dimensions of approximately 800 square feet (40x20), featuring a convenient 7x6 service door for easy loading and unloading of items. Security is a top priority, with 24-hour access granted to tenants via secure access keypads at each unit, complemented by perimeter safety lighting for added peace of mind. The facility's strategic location offers unparalleled convenience, situated just two minutes from the intersection of Louisville Avenue and Interstate 20, providing excellent accessibility for both local residents and businesses. The business model is straightforward, featuring a single flat rate with no required security deposit, and a minimum lease term of four months. This turnkey operation presents a strong potential for immediate income generation and long-term growth within a thriving market. The property is offered at $450,000.
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
Similar Nearby for Sale
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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.