Realmo Analytics

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Property profile

506 N 31St St Monroe, LA 71201

FOR SALE
Office Spaces
Property ID
US36-0246100
0.33 ac lot Built 1984
Last sale Apr 2026 · $289,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$19k
Assessed land$4k
Assessed improvement$14k
Effective rate10.96%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$171k
Vacancy & credit loss−$38k
Operating expenses−$33k
NOI · 26.69% cap applied$100k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$67/SF
ZIP average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$38 – $91

Cap rate analysis

How does the asset earn?
26.69%
$100k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOUACHITA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.4
HVAC Service11.2
Garden Center10.6

Location

506 N 31St St Monroe, LA 71201
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1503 19th, Monroe, LA 71201-4941 $1,100,000 May 2025 8,208 SF
901 3rd St, Monroe, LA 71201-5843 $275,000 Feb 2025 No data
1908 Glenmar, Monroe, LA 71201-5014 $277,000 Feb 2025 2,500 SF
1707 Shannon, Monroe, LA 71201-4936 $390,000 Jan 2025 No data
2208 Louisville, Monroe, LA 71201-6125 $1,850,000 Nov 2024 No data
1810 Roselawn, Monroe, LA 71201-5434 $130,000 Sep 2024 3,080 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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?”
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