Ferrand St Monroe, LA 71201
- Land
- 0.72 lot acres
Current Use by Public Records
- Land
Property Details for 0 Ferrand St
- Lot size
- 0.72 lot acres
- Property type
- Land
Description
This exceptional offering presents two prime commercial lots totaling 1.65 acres (71,816.47 sq ft) in Monroe, Louisiana's thriving Tower-Armand Business Park. Ideally situated near the intersection of Armand Connector/Ferrand Street, Hwy 165/Sterlington Road, and I-20, this property boasts excellent visibility and accessibility. Lot 1 encompasses 0.725 acres (31,584.38 sq ft) and Lot 2 covers 0.923 acres (40,232.09 sq ft). The combined asking price is $595,000, representing a significant owner's discount. Zoned B-2 (Neighborhood Business District), the land is suitable for a variety of commercial uses, including professional offices, retail spaces, medical facilities, dental practices, or restaurants. All utilities are available on-site, and the property is conveniently located near Monroe's business, medical, financial, and university districts. The property is not located in a flood zone, adding to its desirability. APN: 106746. This is a rare opportunity to acquire strategically located commercial land in a high-growth area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Ouachita Parish
- State
- Louisiana
- Longitude
- -92.0833
- Latitude
- 32.5293
