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Property profile & analytics
OFF-MARKET
Land

0 Hwy 594/Millhaven Rd Monroe, LA 71203

160 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 160 ac (6,969,600 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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