1025 9Th StMonroe, LA 71201

  • Office properties
  • 3,160 SF
For Lease

Property Details for 1025 9Th St

Year built
1974
Lot size
0.27 AC
Property size (Sq ft)
3,160 SF
Property type
Office properties
Property subtype
Other office properties
APN
66102
APU
66102

Description

This exceptional office opportunity in Monroe, Louisiana, offers two available suites within the Avery Suites 2 building, located at 1025 N 9th St, 71201. The suites provide flexible space, ranging from 180 to 270 square feet, ideal for entrepreneurs, small businesses, or satellite offices. The property is classified as both Executive Office and Commercial space, catering to a variety of professional needs. Tenancy is multiple, suggesting a vibrant and collaborative environment. While the exact total building square footage is unavailable, ample parking is provided for tenants and visitors, ensuring convenient access. Situated in Ouachita Parish, this location offers easy access to local amenities and transportation routes. The address is conveniently located at 1025 N 9th St, Monroe, LA 71201. This presents a rare chance to secure a well-situated, professional office space in a thriving Louisiana community. The property's classification as both Executive Office and Commercial space makes it suitable for a wide range of businesses. The availability of multiple tenancies suggests a dynamic and collaborative atmosphere. The ample parking ensures convenient access for both employees and clients. This is an excellent opportunity to establish a presence in a desirable location within Monroe. The size of the available suites makes them suitable for a variety of business needs, from solo entrepreneurs to small teams. The location in Ouachita Parish offers easy access to local amenities and transportation networks.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $502,091
    6.5%
    $463,469
    7%
    $430,364
  • Comparable approach

    Method
    Valuation
    Relative Method
    $596,860
    Geo Method
    $226,035
  • Alternative Use

    Use
    Valuation
    Residential
    $574,701
    Hospitality
    $526,423
    Educational
    $437,978
    Medical
    $453,041
    Retail
    $681,299
1025 9Th St, Monroe, Louisiana

Location Insight

City
Monroe
County
Ouachita
State
Louisiana
Latitude
32.5142
Longitude
-92.1171
CBSA code
33740
CBSA name
MONROE, 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
$2,281
$2,660
$18,052
$20,712
-
$26,600
$120,348
$146,948

FAQs

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