Property profile

108 Contempo Ave West Monroe, LA 71291

OFF-MARKET
Other office properties
Property ID
US36-0566510
0.56 ac lot Built 1977
Individually Owned Free & Clear
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Property summary

AI-generated overview

This medical office property is configured for patient services and office administration and includes seven exam rooms, a dedicated x-ray room, and an audiology room with a testing booth. Interior spaces include multiple waiting areas, five offices (including two on the upper level), a breakroom, storage areas, and a large file room upstairs. The overall layout includes five bathrooms with full bathroom space on the upper level. The building is centrally located in West Monroe, positioned near Glenwood Hospital with frontage along Thomas Road and Cypress Street, providing convenient access for patients and staff. The property includes 36 on-site parking spaces and is set up to support medical or office practice use based on its exam-room and patient-support layout.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 1977
Lot 0.56 ac (24,263 SF)
APN 40067
UPID US36-0566510

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Hearing Aid Store
  • Physician

Location

108 Contempo Ave West Monroe, LA 71291-5312
West Monroe metro Census 5500 MONROE, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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