Parker Rd Monroe, LA 71202
- Warehouses
- 60.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 0 Parker Rd
- Lot size
- 60.00 lot acres
- Property type
- Warehouses
- Property subtype
- Land
Description
This exceptional 60-acre industrial property, located at 0 Parker Road in Monroe, Louisiana, presents a unique investment opportunity. Situated in Ouachita Parish, this cleared and cleaned site boasts convenient access to I-20, with additional road frontage on Garrett Road and Woolsey Road. The property is zoned for industrial use and includes a warehouse currently under a lease-purchase agreement generating $900 per month in income. This income stream can be included or excluded as part of the sale, offering flexibility to potential buyers. The asking price for this substantial land parcel and warehouse is $815,000. Owner financing is available, making this an attractive proposition for investors seeking a strong return on investment. The property's prime location and existing infrastructure make it ideal for various industrial developments or expansion projects. The seller has invested significantly in preparing the land for immediate development, minimizing upfront costs for the new owner. This is a rare opportunity to acquire a large, well-located industrial property with potential for immediate income generation in a thriving Louisiana market. The property's size and accessibility make it suitable for a wide range of industrial uses. Serious inquiries are encouraged.
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
- State
- Louisiana
- Longitude
- -92.0389
- Latitude
- 32.4726
