3001 Cypress St West Monroe, LA 71291
This exceptional investment opportunity encompasses two buildings totaling 6,801 square feet situated on a 0.17-acre lot at 3001 & 3003 Cypress Street in West Monroe, Louisiana, 71291. The property boasts a prime location near Super 1 Foods, ensuring high visibility and foot traffic. One building features warehouse space with three roll-up doors, six or more offices, a showroom, reception area, break room, and a recently renewed five-year lease at $2,475 per month. This building also benefits from an eight-year-old metal roof, updated HVAC, wiring, plumbing, instant hot water, and extra insulation. The second building, currently vacant, offers a projected monthly lease income of $2,900. This building includes a large reception area, four to five offices, ample cabinet/shelf space, a 28x33 back room with a sink and dishwasher, and ten fenced-in areas, plus several additional rooms. It also features a new metal roof (installed approximately eight years ago), fresh interior and exterior paint, and a potential triple-net lease. The property includes a cyclone-fenced rear area and a garage. This property presents a unique opportunity to lease both buildings for substantial income or utilize one building while leveraging the income from the leased building to offset mortgage payments. The asking price is $598,500.
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The Chalk Board & Gifts (Bike/Boat/Book/etc) Store
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
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.