600 Millhaven Rd Monroe, LA 71203
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
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.