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Property profile

1217 18Th St Monroe, LA 71201

OFF-MARKET
Retail properties & Spaces
0.7 ac lot
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Property summary

AI-generated overview

This exceptional retail property, located at 1217 N 18th St, Monroe, LA 71201, presents a unique opportunity for businesses seeking a high-visibility location. The single-tenant building offers 4,412 square feet of space, situated on a 0.7-acre lot. Currently in shell condition, the property features four walls, HVAC, and tenant restrooms, providing a blank slate for tenant build-out. The high traffic count of over 24,000 vehicles per day on the nearby Auburn Ave ensures significant exposure. The seller is open to collaborating with prospective tenants on renovations to tailor the space to their specific business requirements. This property is ideally suited for a variety of retail uses and represents a compelling investment in a thriving commercial area within Ouachita Parish. The building is conveniently located in Monroe, Louisiana, offering easy access to major thoroughfares and a strong customer base. This is a chance to establish a business in a vibrant and accessible location with high visibility and significant potential for growth. The property's flexible layout and potential for customization make it an attractive option for a wide range of commercial ventures. Contact the listing agent for details.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.7 ac (30,492 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1217 18Th St Monroe, LA 71201
Monroe metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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