Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Hwy 594/Millhaven Rd Monroe, LA 71203

    • Land
    • 160.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hwy 594/Millhaven Rd

    Lot size
    160.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita Parish
    State
    Louisiana
    Longitude
    -91.9905
    Latitude
    32.518

    Comparable in this City

    • Value Estimation by Request
      156.49 Acres

      La-594

      Land • 156.49 Acres
      0 La-594, Monroe, LA 71203
      View Details
    • Value Estimation by Request
      96.00 Acres

      80 Hwy 594 & Us Hwy

      Land • 96.00 Acres
      80 Hwy 594 & Us Hwy, Monroe, LA 71203
      View Details
    • Value Estimation by Request
      239.00 Acres

      Russell Sage Rd & Frontage Rd

      Land • 239.00 Acres
      0 Russell Sage Rd & Frontage Rd, Monroe, LA 71203
      View Details
    • Value Estimation by Request
      640.00 Acres

      600 Millhaven Rd

      Land • 640.00 Acres
      600 Millhaven Rd, Monroe, LA 71203
      View Details
    • Value Estimation by Request
      1.70 Acres

      7700 Desiard St

      Land • 1.70 Acres
      7700 Desiard St, Monroe, LA 71203
      View Details
    • Value Estimation by Request
      2.34 Acres

      165 Sterlington Rd

      Land • 2.34 Acres
      165 Sterlington Rd, Monroe, LA 71203
      View Details

    Similar Nearby for Sale

    • $5,975,000
      239.00 Acres

      Millhaven South Industrial Land

      239 Acres, I-20 Frontage, Monroe, LA
      0 Russell Sage Rd & Frontage Rd, Monroe, LA 71203
      View Details
    • $1,150,000
      11.50 Acres

      Monroe Office & Land Investment

      Prime Commercial Property, 6,800 SF
      363 Venable Ln, Monroe, LA 71203
      View Details
    • $943,250
      53.90 Acres

      Prime Monroe Landfill Site

      53.9 Acres, $943,250, I-20 Frontage
      588 Meadowlark Dr, Monroe, LA 71203
      View Details
    • $365,904
      0.84 Acres

      Lot A3 / .84 AC

      Land • 0.84 Acres
      8192 Us-165, Monroe, LA 71203
      View Details
    • $666,468
      1.53 Acres

      8162 Us-165

      Land • 1.53 Acres
      8162 Us-165, Monroe, LA 71203
      View Details
    • $185,000
      0.43 Acres

      Monroe Office & Land Investment

      Prime Monroe location, 3,312 SF office space.
      100 Willett Place Blvd, Monroe, LA 71203
      View Details

    Similar Nearby for Lease

    • $61 SF/Yr
      18,273 SF

      Prime Monroe Office Space Available

      Modern Executive Suites & Coworking
      10000 Century Link Blvd, Monroe, LA 71203
      View Details
    • $5 SF/Yr
      6,249 SF

      Monroe Office Space Solutions

      Flexible Workspaces in Monroe, LA
      201 Victory Blvd, Monroe, LA 71203
      View Details
    • $15 SF/Yr
      88,219 SF

      Pecanland Commons Retail Center

      Grocery-anchored retail space available.
      4103 Pecanland Mall Dr, Monroe, LA 71203
      View Details
    • $22 SF/Yr
      111,800 SF

      Pecanland Plaza Retail Center

      High-traffic Monroe, LA shopping center
      4429 Pecanland Mall Dr, Monroe, LA 71203
      View Details
    • $1,990 /Mo
      22,800 SF

      Mixed-Use Tenant Center Near ULM

      Mixed-use center near ULM campus with spaces from 1,200 SF.
      2400 Old Sterlington Rd, Monroe, LA 71203
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Hwy 594/Millhaven Rd
    Monroe, LA 71203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.