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Property profile & analytics
FOR SALE
Office Spaces

6865 Monroe Hwy Ball, LA 71405

0.38 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US36-1378876
No photos on file
For Sale
$329,000
6865 Monroe Hwy, Ball, LA 71405
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Lot 0.38 ac (16,563 SF)
APN 05-007-36006-0001
UPID US36-1378876
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Inspirational Properties LLC · 6 yrs held
Inspirational Properties LLC
since 2019
2 recorded transactions
2019
$170,000
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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