Property profile

508 Monroe St Ruston, LA 71270

OFF-MARKET
Other commercial real estate
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Property ID
US36-2160840
3,040 SF 0.19 ac Built 1980
Last sale Jul 2022·$150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This flex space is located at 508 S. Monroe Street in Ruston, Louisiana. The interior configuration includes a substantial open work area along with multiple enclosed office spaces, creating a layout that can be adapted for a range of commercial uses such as retail, office, service, studio, training, showroom, and other business formats. The property is situated near Louisiana Tech University and Downtown Ruston and is positioned with access to nearby shopping, dining, and major roadways,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$17k
Assessed land$4k
Assessed improvement$13k
Effective rate8.89%

Value estimate

· Nov 2026
$120k
$108k – $132k
AI approach$90k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$135/SF
ZIP average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$65 – $195
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINCOLN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.3
Parking Facility10.3
Electrical Service9.7

Location

508 Monroe St Ruston, LA 71270-5029
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
703 California, Ruston, LA 71270-4909 $300,000 Jun 2024 2,720 SF
120 Adam, Ruston, LA 71270-1611 $490,000 Jun 2024 2,482 SF
Elm, Ruston, LA 71270 $300,000 Apr 2023 2,500 SF
5665 Hwy 167, Ruston, LA 71270-7511 $1,650,000 Mar 2023 3,024 SF
2893 Hwy 33, Ruston, LA 71270-3061 $2,200,000 Nov 2022 3,200 SF
106 Mississippi, Ruston, LA 71270-4420 $250,000 Jul 2022 2,610 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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