0 Hwy 594/Millhaven Rd Monroe, LA 71203
This exceptional 160-acre commercial and industrial land parcel presents a unique investment opportunity in Monroe, Louisiana. Located on Hwy 594/Millhaven Rd, this fully certified site boasts unparalleled access to key infrastructure. The property benefits from direct highway access via Hwy 594 and rail access via the Kansas City Southern line, placing it within a highly strategic location. Situated just half a mile north of Interstate 20 and only five miles from Monroe Regional Airport, this site offers superior logistical advantages and excellent visibility. The asking price is $8,000,000, translating to a competitive $50,000 per acre. Its location and infrastructure make it suitable for a wide range of development projects, including industrial/warehouse development, distribution centers, e-commerce fulfillment, research facilities, manufacturing plants, and retail/commercial ventures. The property's certification through Louisiana Economic Development further enhances its appeal to potential investors and developers. The parcel's APN is 27126 and is located in Ouachita Parish, Louisiana, zip code 71203. This is a ready-to-build site offering significant potential for substantial returns.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.