100 Willett Place Blvd Monroe, LA 71203
This exceptional commercial property, located at 100 Willett Place Boulevard in Monroe, Louisiana, presents a unique investment opportunity. The 0.43-acre lot houses a substantial 3,312 square foot office building, ideally situated just minutes from the interstate for convenient access. The building boasts over ten individual office spaces, providing ample room for a variety of business needs. A versatile area within the building could easily be adapted for use as an apartment, offering additional potential income streams or flexible workspace options. A small kitchen area adds to the building's functionality. The property's prime location and versatile layout make it suitable for a wide range of commercial uses, from traditional office space to meeting facilities. The asking price for this property is $185,000. The property is zoned for commercial use and is located in Ouachita County, Louisiana, zip code 71203. This is a rare opportunity to acquire a well-located and spacious commercial property in a thriving Louisiana market. The property's size and features make it an attractive investment for both established businesses and entrepreneurs seeking a strategic location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.