Russell Sage Rd & Frontage Rd Monroe, LA 71203
- Land
- 239.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Russell Sage Rd & Frontage Rd
- Lot size
- 239.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
Millhaven South presents a significant 239-acre industrial land opportunity in Monroe, Louisiana. Strategically located at the Russell Sage Road and Interstate 20 interchange, this expansive site boasts dual road frontage, offering exceptional visibility and accessibility. Its prime location provides easy access to Interstate 20, making it ideal for various uses, including manufacturing, third-party logistics, research facilities, and e-commerce operations. The high visibility and frontage road access also make it suitable for retail and commercial development. The property is conveniently situated five miles from the Monroe Regional Airport and eight miles east of downtown Monroe. This location benefits from a substantial population base within a five-hour drive time, estimated at nearly 20 million people. Utilities are readily available, including city water, electricity, natural gas, and telecommunications. Its proximity to Monroe's existing retail district positions Millhaven South to potentially become a leading shopping destination for westbound I-20 travelers entering Louisiana. The asking price is $5,975,000, translating to $25,000 per acre. The property's APN numbers are 0104708
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Ouachita Parish
- State
- Louisiana
- Longitude
- -91.9912
- Latitude
- 32.4861
