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Property profile & analytics

6865 Monroe Hwy Ball, LA 71405

  • Office Properties & Spaces
  • 0.38 lot acres
Value Estimation
Location Intelligence
Property ID
US36-1378876
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

  • Office Properties & Spaces

Property Details for 6865 Monroe Hwy

Lot size
0.38 lot acres
Property type
Office Properties & Spaces
APN
05-007-36006-0001
APU
5007360060001

Description

This 3,740 square foot commercial property boasts a highly desirable location on Highway 165 in Ball, Louisiana, offering exceptional visibility and accessibility. The property sits on a 0.96-acre lot and includes a full business center featuring a workshop with two roll-up doors and a 12-foot ceiling. This versatile space is ideal for a variety of uses, including a car dealership, construction company, auto shop, retail business with warehouse space, or a fulfillment and shipping center. The building offers a spacious front lobby, a conference room, three private offices, a kitchen, and a restroom. A separate storefront or office area with its own kitchenette and storage is also included. Ample parking is available, along with a large, security-fenced yard. The property is currently leased for $1850 per month, with a pre-determined escalation clause over the next five years. The lease has a fixed term and cannot be terminated early. This presents a unique opportunity for investors seeking a stable income stream with significant long-term potential. The high traffic count on Highway 165 ensures excellent exposure for any business. The owner may consider a sale or lease of the property. Don't miss this chance to establish your business in a thriving location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $215,000
  • CAP approach

    CAP return
    Estimation
    6%
    $190,000
    6.5%
    $190,000
    7%
    $190,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $205,000
    Geo Method
    $205,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $190,000
    Retail
    $175,000
    Mixed-Use
    $175,000
    Hospitality
    $160,000
    Educational
    $155,000
    Residential Income
    $170,000
    Energy
    $210,000
    Income-Based Land
    $160,000
    Food Service
    $180,000

Location Insight

  • Map
  • Local Demand
City
Ball
County
Rapides
State
Louisiana
Longitude
-92.4115
Latitude
31.4241
CBSA code
10780
CBSA name
ALEXANDRIA, 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
$1,844
$3,300
$11,700
$15,000
-
$33,000
$78,000
$111,000
More about this property
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