1025 9Th StMonroe, LA 71201
- Office properties
- 3,160 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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