0 Stone Ave Monroe, LA 71201
This exceptional 1.9-acre property in Monroe, Louisiana, presents a unique investment opportunity. Situated on Stone Avenue, Ouachita Avenue, and South 12th Street, this land is comprised of ten individual lots, each ready for immediate development. All utilities are readily available, ensuring a seamless building process. The lots are conveniently located within Ouachita Parish, offering easy access to local amenities and services. The individual lots are also available for separate purchase, providing flexibility for various development scenarios. This prime residential land offers significant potential for builders, investors, or anyone seeking to create their dream home or build a small-scale residential development. The property's location provides excellent visibility and accessibility. Each lot benefits from street frontage, enhancing its appeal and practicality. While every effort has been made to ensure the accuracy of this information, it is presented without guarantee. The asking price for the entire 1.9-acre parcel is $90,000. This represents a compelling opportunity to acquire a substantial land holding in a desirable location. Don't miss this chance to secure this valuable asset. The zip code is 71201.
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
Similar Nearby for Lease
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.