7601 Hwy 165th N Monroe, LA 71203-8712
- Commercial real estate
- 8,360 SF
- 1.92 lot acres
Current Use by Public Records
- Claw Daddy’s Crawfish and Oyster Bar / Restaurant
- The Fishing Camp Tackle & RV Park / Campground & RV Park
- Citgo / Gas Station
- U-Haul Neighborhood Dealer / Car Rental Facility
Property Details for 7601 Hwy 165th N
- Year built
- 2003
- Lot size
- 1.92 lot acres
- Property size
- 8,360 SF
- Property type
- Commercial real estate
- APN
- 106179
- APU
- 106179
Description
This exceptional investment opportunity encompasses a thriving RV park and the well-established Claw Daddy's Restaurant, situated on a spacious 5.27-acre lot at 7601 Highway 165 in Monroe, Louisiana. The property offers multiple revenue streams, presenting a unique chance for significant returns. The RV park component provides consistent income from long-term and short-term rentals, catering to a diverse clientele of travelers and outdoor enthusiasts. The accompanying Claw Daddy's Restaurant is a well-regarded local establishment, contributing substantially to the overall profitability of the property. This turnkey operation includes all existing infrastructure and equipment necessary for continued success. The expansive 5.27-acre lot provides ample space for potential expansion and future development, allowing for further diversification of income streams or enhancement of existing operations. The strategic location on Highway 165 ensures high visibility and easy accessibility, attracting a steady flow of customers to both the RV park and the restaurant. Financial records demonstrating the consistent profitability of both businesses are available upon request. This is a rare opportunity to acquire a well-established, multi-faceted business with significant growth potential in a desirable location. Serious inquiries only. The asking price for this exceptional property is $3,300,000.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $800,000
- 6.5%
- $740,000
- 7%
- $685,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $690,000
- AI Estimate
- $688,000
Market price range: $263k - $708kMarket price range: $255k - $957k
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Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Ouachita
- State
- Louisiana
- Longitude
- -92.0624
- Latitude
- 32.6123
- CBSA code
- 33740
- CBSA name
- MONROE, LA METROPOLITAN STATISTICAL AREA