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    Property profile & analytics

    1615 Winnsboro Rd Monroe, LA 71202-4541

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US36-0243964
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Richwood Bingo Haven / Bingo Hall

    Property Details for 1615 Winnsboro Rd

    Year built
    1984
    Property type
    Commercial real estate
    APN
    70308
    APU
    70308

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Ouachita
    State
    Louisiana
    Longitude
    -92.0854
    Latitude
    32.4846
    CBSA code
    33740
    CBSA name
    MONROE, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $522
    $196
    $3,000
    $3,196
    -
    $1,960
    $20,000
    $21,960

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      163 Parker Rd

      Distribution properties • 2,100 SF
      163 Parker Rd, Monroe, LA 71202
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      203 Plum St

      COMMERCIAL (GENERAL)
      203 Plum St, Monroe, LA 71202-2552
      View Details
    • Value Estimation by Request
      1.47 Acres

      4566 Winnsboro Rd

      COMMERCIAL (GENERAL) • 1.47 Acres
      4566 Winnsboro Rd, Monroe, LA 71202-7510
      View Details
    • Value Estimation by Request

      1747 Winnsboro Rd

      COMMERCIAL (GENERAL)
      1747 Winnsboro Rd, Monroe, LA 71202-4601
      View Details
    • Value Estimation by Request
      2.00 Acres

      4619 Winnsboro Rd

      COMMERCIAL (GENERAL) • 2.00 Acres
      4619 Winnsboro Rd, Monroe, LA 71202-7513
      View Details
    • Value Estimation by Request
      0.52 Acres

      1912 Martin Luther King Jr Dr

      COMMERCIAL (GENERAL) • 0.52 Acres
      1912 Martin Luther King Jr Dr, Monroe, LA 71202-4520
      View Details

    Similar Nearby for Sale

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    • $100,000
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      High-yield warehouse, immediate income.
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    • $3,400,000
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    • $300,000

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    Similar Nearby for Lease

    • $1.00 SF/Yr
      50,050 SF

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      Land available for ground lease or build to suit.
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    • $375,000
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      Versatile Warehouse with Fenced Perimeter

      12,000 SF warehouse with flexible office build-out options.
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    1615 Winnsboro Rd
    Monroe, LA 71202-4541
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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