You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Schools

401 Sherrouse Ave Monroe, LA 71203

14,607 SF 1.5 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This exceptional 14,607 square foot property, situated on a generous 1.5-acre lot in Monroe, Louisiana, presents a unique investment opportunity. Ideally located near a local college, this substantial building offers significant potential for a variety of uses. The main sanctuary boasts 4,300 square feet of well-maintained space, perfect for large gatherings or adaptable to diverse needs. In addition to the sanctuary, there are 10,300 square feet of classrooms and administrative areas, providing ample room for offices, learning spaces, or other functional areas. The property includes extensive parking, ensuring convenient access for occupants and visitors. The building is being sold in its current "as is" condition, allowing for creative renovation and customization to suit the buyer's specific vision. Given its size, location, and versatile layout, this property is well-suited for a range of purposes, from religious institutions to educational facilities or even potential conversion into commercial space. The substantial acreage offers further possibilities for expansion or development. This is a rare opportunity to acquire a significant property in a desirable location. Serious inquiries are encouraged.

Property profile
Verified
Property type Schools
Year built 1985
Total area 14,607 SF
Lot 1.5 ac (65,340 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
Current use
Occupant on record · Public records
  • Refuge Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 401 Sherrouse Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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