7700 Desiard St Monroe, LA 71203
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.
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Hot Rodz Used Cars Car Dealership
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.