Property profile

600 Millhaven Rd Monroe, LA 71203

OFF-MARKET
Land
640 ac lot
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Property summary

AI-generated overview

This exceptional 640-acre industrial land parcel is strategically located on Millhaven Road, just half a mile north of Interstate 20 in Monroe, Louisiana. Zoned Rural, this property boasts a prime location within Ouachita County, offering unparalleled access to major transportation arteries. The site, identified by APN numbers 9781, 9782, and 9784, is a LED-certified site, meaning extensive due diligence has already been completed, resulting in a "clean bill of health." This shovel-ready site is one of the largest along the I-20 corridor in North Louisiana, ideal for various industrial uses. Its suitability extends to clean manufacturing, third-party logistics, research facilities, e-commerce distribution and fulfillment centers, and standard industrial/warehouse development. The property was originally 726 acres, with 86 acres acquired in 2017 for a large logistics center. Pricing is tiered based on acreage purchased: 0-80 acres at $75,000/acre

Property profile

Verified
Property type Land
Lot 640 ac (27,878,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

600 Millhaven Rd Monroe, LA 71203
Monroe metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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