For Sale
$265,000

7700 Desiard St Monroe, LA 71203

1.7 Acres, High Traffic, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 1.7-acre commercial land parcel presents a significant investment opportunity along Monroe's bustling Highway 80 corridor. Strategically located between Kenilworth Drive and Chatham Street, this property boasts primary and dual secondary street access, ensuring high visibility and accessibility. Its prime location offers easy access to Monroe Regional Airport, a variety of restaurants and retail businesses, the University of Louisiana at Monroe, Pecanland Mall, and Interstate 20, all within a three-minute drive. The site benefits from all available utilities, including curb cuts for both primary and secondary street frontage. Importantly, this property lies outside city limits, offering potential flexibility in development. A pre-existing billboard lease agreement with The Lamar Company generates additional income potential. Daily traffic counts, based on 2009 LA DOTD data, average 20,263 vehicles. The property's flood zone classification is X, indicating a 0.2% annual chance of flooding, and sits at a ground elevation of 80.7 feet. The asking price is $265,000, representing a price per acre of $155,882. The property's parcel number (APN) is 132323 and is zoned PARISH - NO ZONING in Ouachita Parish, Louisiana. This is a rare opportunity to acquire a highly visible and well-situated commercial property in a thriving area.

Highlights

  • All utilities available on-site.
  • Curb cuts on primary and secondary street frontages.
  • Property located outside city limits.
  • Existing billboard lease with Lamar Company provides additional income.
  • 20,263 average daily traffic count (LA DOTD, 2009).
  • Flood zone X; 0.2% annual flood chance.

Property Details for 7700 Desiard St

Property type
Land, Hospitality properties
Lot Size (sq. ft)
74,052 SF

Location Insight

City
Monroe
County
Ouachita Parish
State
Louisiana
Latitude
32.5248178
Longitude
-92.04576965

FAQs

What type of property is this?
Land - 1.7 Acres, High Traffic, Great Location
Where is the land located?
The property is located at 7700 Desiard St Monroe, LA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: All utilities available on-site.; Curb cuts on primary and secondary street frontages.; Property located outside city limits.
How can I contact the broker?
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7700 Desiard St
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