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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Basic Dr West Monroe, LA 71292

1.55 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.55-acre commercial lot is ideally situated in West Monroe, Louisiana, in Basic Drive Commercial Park, offering unparalleled visibility and accessibility. Priced at $506,385 ($7.50/sq ft), this site is zoned for commercial use and presents a remarkable opportunity for businesses seeking a high-traffic location. The property boasts convenient access to major roadways and is directly adjacent to Walk-On's Sports Bistreaux, surrounded by a thriving commercial area including Texas Roadhouse, Academy Sports and Outdoors, Duck Commander, and many more established businesses such as Glenwood Regional Medical Center, Chick-fil-A, Hobby Lobby, Walmart, Best Western, Outback Steakhouse, Cracker Barrel, Harbor Freight, Logan's Roadhouse, Red Roof Inn, Chili's, and Office Depot. All utilities are conveniently located on-site, including public water, electricity, gas, and sewer, with underground infrastructure in place. The land is cleared and ready for immediate development. The property's APN is 23350. Mineral rights are to be acquired by the purchaser. While measurements are approximate, buyers are encouraged to verify all details independently. An adjacent 1.44-acre lot is also available for purchase.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.55 ac (67,518 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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