0 Parker Rd Monroe, LA 71202
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.
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
Similar Nearby for Sale
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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.