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Property profile & analytics
OFF-MARKET
Office Spaces

1500 Louisville Ave 2 Monroe, LA 71201-6026

8,680 SF 0.54 ac lot
Individually Owned 20-yr Hold ~ Est. High Equity
Property ID
US36-0467053
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Total area 8,680 SF
Lot 0.54 ac (23,402 SF)
APN 43556
UPID US36-0467053
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Will Staff Worldwide Employment Agency
  • Studio 1500 Barber Shop
  • Auto Title Express Title Company Department Of Motor Vehicles
  • Advantage Resourcing Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Wayne L Williamson · 20 yrs held
Wayne L Williamson
since 2006
1 recorded transaction
2006
$120,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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