Property profile

363 Venable Ln Monroe, LA 71203

FOR SALE
Flex space
Property ID
US36-0617410
6,800 SF
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Property summary

AI-generated overview

The property consists of commercial warehouse and office buildings on approximately 3 to 4 acres, configured with a combination of warehouse storage and heated work areas. Building #1 totals about 5,200 square feet, including approximately 2,000 square feet of warehouse storage and about 3,200 square feet of heated office space, with large over-door access, a full kitchen, one bathroom, and a 1,500 square foot lean shed; it also features a replaced metal roof. Building #2 contains about 1,200 square feet of heated space with office areas, a meeting room, storage, one bathroom, and a break area. Buildings 3 and 4 are steel-reinforced concrete storm bunker buildings, supplemented by two additional 240 square foot bunker buildings. The facilities are interconnected with Uniti fiber optic service, with fiber availability extending to Dallas, New Orleans, and Atlanta, and Lumen/CenturyLink service available at the Highway 165 vault; a Generac 70 KW generator system provides site backup power support. The commercial buildings are designed in a way that permits potential separation, and the broader property includes additional residential and storage improvements.

Property profile

Verified
Property type Flex space
Total area 6,800 SF
UPID US36-0617410

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
  • Telecommunications Service Data Center

Location

363 Venable Ln Monroe, LA 71203
Monroe metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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