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Property profile & analytics
OFF-MARKET
Land

00 Bienville Dr Monroe, LA 71201

1.19 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.19-acre commercial land parcel presents a compelling investment opportunity in Monroe, Louisiana. Located in the heart of the city's business district, at 00 Bienville Drive, 71201, this property boasts a highly desirable location with significant development potential. The land is zoned for commercial use, offering flexibility for a wide range of businesses. With a land value of $10 per square foot, the asking price is $10. The property's central location ensures high visibility and accessibility, making it an ideal site for various commercial ventures. Its proximity to established businesses and key infrastructure further enhances its appeal. This lot is conveniently situated at 32.533872997089176 latitude and -92.0985801919419 longitude. For those seeking a larger footprint, the adjacent lot (MLS #208414) is also available for purchase, combining to create a substantial 1.9-acre development site. This presents a unique chance to acquire a prime piece of commercial real estate in a thriving Louisiana market. Don't miss this opportunity to secure a strategic location for your next commercial endeavor.

Property profile
Verified
Property type Land
Lot 1.19 ac (51,836 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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