1500 Louisville Ave Monroe, LA 71201
- Office Properties & Spaces
- 8,680 SF
- 0.54 lot acres
Current Use by Public Records
- Will Staff Worldwide / Employment Agency
- Studio 1500 / Barber Shop
- Auto Title Express / Title Company / Department Of Motor Vehicles
- Advantage Resourcing / Employment Agency / Temp Agency
Property Details for 1500 Louisville Ave
- Lot size
- 0.54 lot acres
- Property size
- 8,680 SF
- Property type
- Office Properties & Spaces
- APN
- 43556
- APU
- 43556
Description
This exceptional 2,600-square-foot executive office suite, located at 1500 Louisville Ave, Suite C in Monroe, Louisiana, presents a fantastic opportunity for a discerning business. The space is currently vacant and ready for immediate occupancy. Recently refurbished, the suite boasts two updated bathrooms, providing convenient amenities for employees and clients. The layout features an open floor plan ideal for collaborative work environments, complemented by a private executive office with windows, offering natural light and a degree of seclusion. An additional, smaller, interior private office provides further flexibility. The property's high visibility is enhanced by a large street sign clearly indicating available space, ensuring easy discovery for potential clients. Ample parking is available directly in front of the building, offering convenient access for both staff and visitors. The previous tenant, an auto title company, experienced high traffic and visibility at this location, demonstrating the site's strong potential for attracting customers. The property is situated in Ouachita Parish, Louisiana, with a zip code of 71201. This retail and office space is perfect for a business seeking a prominent location with excellent accessibility and modern amenities. The building's total square footage is 2,600 square feet, all of which is currently available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $155,000
- 6.5%
- $150,000
- 7%
- $160,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $145,000
- Geo Method
- $180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $135,000
- Retail
- $160,000
- Mixed-Use
- $180,000
- Hospitality
- $150,000
- Educational
- $160,000
- Residential Income
- $150,000
- Energy
- $190,000
- Income-Based Land
- $140,000
- Food Service
- $160,000
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Ouachita
- State
- Louisiana
- Longitude
- -92.109
- Latitude
- 32.5155
- CBSA code
- 33740
- CBSA name
- MONROE, LA METROPOLITAN STATISTICAL AREA