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Property profile & analytics
OFF-MARKET
Land

0 Stone Ave Monroe, LA 71201

1.9 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.9 ac (82,764 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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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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