Technical
Financial
Distress signals
Property profile

4404 Old Sterlington Rd Monroe Monroe, LA 71203

FOR SALE
Other office properties
Property ID
US36-1740607
4,860 SF 1.87 ac lot Built 2016
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Bayou Bend Office Park is an office property in North Monroe consisting of 8 office suites on 1 acre, with each office building containing 4 suites. Each suite includes four private offices, a conference room, a lobby, a kitchen equipped with a refrigerator and dishwasher, one handicapped-accessible restroom, a closet, and attic storage. Based on the Bayou Bend Office Suite Master Plans, the remaining 3.37 acres provide potential for additional office development, which could increase the total to as many as 36 office suites, and the excess land may also be suitable for alternative residential development types such as multi-family housing, duplexes, triplexes, or townhomes due to its location outside city limits. The site has utilities available.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 2016
Total area 4,860 SF
Lot 1.87 ac (81,283 SF)
APN 127239
UPID US36-1740607

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
  • Law Firm
  • Nursing Home
  • Home Health Care Service
  • Law Firm
  • Construction Company General Contractor

Location

4404 Old Sterlington Rd, Unit Monroe Monroe, LA 71203
Monroe metro Census 10203 MONROE, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2017
2 recorded transactions
2022
Price N/A
2017
Price N/A

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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