Current Use by Public Records
- Warehouses
Property Details for 163 Parker Rd
- Lot size
- 1.00 lot acres
- Property type
- Warehouses
- Property subtype
- Land
Description
This exceptional investment opportunity presents a 2,100 square foot warehouse located at 163 Parker Road, Monroe, Louisiana, 71202. Currently leased, this property offers immediate cash flow for the savvy investor. The warehouse sits on a one-acre lot, providing ample space for potential expansion or future development. The asking price is $100,000, representing a strong return on investment given the existing tenant. The property is classified as both industrial and commercial, offering versatility and potential for diverse uses. Its location in Monroe, Louisiana, within Ouachita County, provides convenient access to major transportation routes and a thriving local economy. The property's current lease ensures a steady income stream, minimizing the risk associated with vacancy. Further expansion opportunities exist with the possibility of acquiring additional acreage adjacent to the existing one-acre lot. This is a rare chance to acquire a profitable, income-generating commercial property with significant upside potential. The property is zoned for commercial use. Serious inquiries only.
Value Estimations
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AI approach
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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
- State
- Louisiana
- Longitude
- -92.0525
- Latitude
- 32.4851
