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    900 Martin Luther King Junior Dr Monroe, LA 71203
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    900 Martin Luther King Junior Dr, Monroe, LA 71203

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    • Warehouses
    • 20,165 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 900 Martin Luther King Junior Dr

    Year built
    1982
    Property type
    Warehouses
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional 20,165-square-foot warehouse/office property in Monroe, Louisiana, presents a unique investment opportunity. Situated on a 2.53-acre lot just one mile from I-20, this strategically located property offers easy access and high visibility. The property features two buildings, totaling 20,165 square feet of vacant space, with a flexible layout suitable for various uses. The main building boasts retail/showroom space, private offices, a breakroom, and a mezzanine office area. Multiple warehouse/workshop spaces are also available, featuring 20-foot eaves, 15 overhead doors, and drive-thru capabilities. The property includes 50 total parking spaces, 17 loading docks, and 17 drive-in bays. Extensive concrete and gravel parking/laydown yard space (45,800 SF) is complemented by a wash area and dedicated collection areas for used oil and antifreeze. The property is fully fenced with multiple access gates, enhanced security features including safety lighting and security cameras, and efficient gutter/drainage systems. Zoned B-3 General Business District, this property offers versatile amenities and multiple end uses, making it an ideal choice for businesses seeking a combination of office and warehouse space in a prime Monroe location. The property's APN numbers are 48135, 37441, 40305, 48216, 48267, 48026, and 52489, located in Ouachita County, Louisiana, with the address being 900 Martin Luther King Junior Drive, Monroe, LA 71203. Built in 1982, this single-tenant property offers a significant opportunity for immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.0823
    Latitude
    32.5073
    More about this property
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