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Property profile & analytics

2230 Tower Dr Monroe, LA 71201-5753

  • Commercial real estate
  • 3,785 SF
  • 0.73 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US36-0246828
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

  • Portico | Monroe / Restaurant

Property Details for 2230 Tower Dr

Year built
2006
Lot size
0.73 lot acres
Property size
3,785 SF
Property type
Commercial real estate
APN
113486
APU
113486

Description

This exceptional 3,785 square foot restaurant is ideally situated on a 0.73-acre lot in the heart of Monroe, Louisiana. Its prime location offers unparalleled access to a diverse range of amenities, including nearby hospitals, entertainment venues, residential areas, and apartment complexes, ensuring a consistent flow of potential customers. The property presents a remarkable investment opportunity for discerning buyers seeking a well-positioned, established business in a thriving community. The substantial building size allows for ample space to accommodate a variety of restaurant concepts or potential expansion. The 0.73-acre lot provides ample parking and potential for outdoor seating or further development. This turnkey operation is ready for a new owner to step in and capitalize on its established presence and strategic location within Monroe's vibrant commercial landscape. The asking price of $1,899,000 reflects the significant value and potential return on investment this property offers. This is a rare chance to acquire a well-established restaurant in a high-demand area, making it an exceptional opportunity for growth and profitability. Serious inquiries are encouraged to explore this lucrative investment prospect further. The property's central location ensures high visibility and accessibility, making it an attractive destination for both locals and visitors.


Value Estimations

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Location Insight

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  • Local Demand
City
Monroe
County
Ouachita
State
Louisiana
Longitude
-92.1033
Latitude
32.5251
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
$11,581
$28,707
$76,818
$105,525
-
$287,070
$512,120
$799,190
More about this property
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