7700 Desiard St Monroe, LA 71203
- Land
- 1.70 lot acres
Current Use by Public Records
- Hot Rodz Used Cars / Used Car Dealer
Property Details for 7700 Desiard St
- Lot size
- 1.70 lot acres
- Property type
- Land
- Property subtype
- Hospitality properties
Description
This exceptional 1.7-acre commercial land parcel presents a significant investment opportunity along Monroe's bustling Highway 80 corridor. Strategically located between Kenilworth Drive and Chatham Street, this property boasts primary and dual secondary street access, ensuring high visibility and accessibility. Its prime location offers easy access to Monroe Regional Airport, a variety of restaurants and retail businesses, the University of Louisiana at Monroe, Pecanland Mall, and Interstate 20, all within a three-minute drive. The site benefits from all available utilities, including curb cuts for both primary and secondary street frontage. Importantly, this property lies outside city limits, offering potential flexibility in development. A pre-existing billboard lease agreement with The Lamar Company generates additional income potential. Daily traffic counts, based on 2009 LA DOTD data, average 20,263 vehicles. The property's flood zone classification is X, indicating a 0.2% annual chance of flooding, and sits at a ground elevation of 80.7 feet. The asking price is $265,000, representing a price per acre of $155,882. The property's parcel number (APN) is 132323 and is zoned PARISH - NO ZONING in Ouachita Parish, Louisiana. This is a rare opportunity to acquire a highly visible and well-situated commercial property in a thriving area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Ouachita Parish
- State
- Louisiana
- Longitude
- -92.0458
- Latitude
- 32.5248
