121 Crosley St West Monroe, LA 71291
- Office Properties & Spaces
- 1,920 SF
- 0.17 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 121 Crosley St
- Year built
- 1944
- Lot size
- 0.17 lot acres
- Property size
- 1,920 SF
- Property type
- Office Properties & Spaces
- APN
- 112819
- APU
- 112819
Description
This exceptional 3,800-square-foot executive office building in West Monroe, Louisiana, presents a unique investment opportunity. Located at 121 Crosley St, this two-story Class B building sits on a 0.17-acre lot and offers ample parking with 10 spaces. The building features a single tenancy, with the entire 3,800 square feet currently vacant. The first floor encompasses 1,920 square feet and boasts a 336-foot canopy over the main entrances, large display windows for abundant natural light, a reception area, waiting area, four private offices, a kitchen/break area, restroom, and extra storage. The second floor, offering 1,880 square feet, currently features an open floor plan with painted brick walls, exposed beams and trusses, and concrete flooring, ideal for additional storage or build-out. A separate rear entry provides access to the second floor, allowing for potential subleasing. The property is zoned B-3 and has an APN of 112819. The building's cross street is Cypress Street. Build-to-suit options are negotiable with landlord approval, making this a highly adaptable space to suit various business needs. This property is situated in West Monroe, LA, zip code 71291.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $205,000
- 7%
- $215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $225,000
- Mixed-Use
- $215,000
- Hospitality
- $240,000
- Educational
- $235,000
- Residential Income
- $185,000
- Energy
- $220,000
- Income-Based Land
- $210,000
- Food Service
- $235,000
Location Insight
- Map
- Local Demand
- City
- West Monroe
- County
- Ouachita
- State
- Louisiana
- Longitude
- -92.1301
- Latitude
- 32.5062
- CBSA code
- 33740
- CBSA name
- MONROE, LA METROPOLITAN STATISTICAL AREA