140 Rowland Rd Monroe, LA 71203
This exceptional 2,718 square foot mixed-use building in Monroe, LA, presents a unique investment opportunity. Brand new construction, it's ideally suited for an urgent care clinic, but its versatile design accommodates a wide range of medical, professional, or commercial-retail uses. The thoughtfully planned layout includes a spacious waiting room/lobby, reception area, public restroom, four exam rooms, nurses' station, telemedicine room, medication room, lab, separate testing restroom, supply room, x-ray room, employee break area/kitchen, employee restroom, copy/file room, data room, extra storage, and a janitor's closet. Ample parking is provided with 7,454 square feet of concrete parking, including three covered spaces designated for curbside care. The property sits on a 0.61-acre lot. A significant added benefit is the inclusion of lease income from an on-site ATM, which will transfer at the time of sale. This turnkey operation offers immediate income potential and a strong return on investment. The building's modern design and functional floor plan make it an attractive option for a variety of businesses seeking a high-quality space in a desirable location. The property is priced at $1,210,000.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.