2910 Evangeline StMonroe, LA 71201

Property Details for 2910 Evangeline St

Year built

1995

Lot size

0.35 AC

Property size (Sq ft)

2,465 SF

Property type

Office properties

Property subtype

Other office properties

APN

61026

APU

61026

Description

This exceptional single-story office building, located at 2910 Evangeline Street in Monroe, Louisiana, presents a fantastic investment opportunity. Priced at $295,000, this 2,450 square foot property boasts a desirable price per square foot of $120.41. The building features five individual offices, perfect for a variety of business configurations, along with a spacious conference or meeting room ideal for client interactions or team collaborations. Two restrooms ensure convenient access for employees and visitors. A dedicated file room provides ample storage space for important documents and records. The property also includes a convenient 10-space parking lot, ensuring ample parking for staff and clients. Situated in Ouachita Parish, Louisiana, with the zip code 71201, this property offers easy access to local amenities and transportation routes. The information provided is believed to be accurate but is not guaranteed. This is a rare opportunity to acquire a well-maintained and functional office building in a thriving Louisiana market. Don't miss out on this chance to own a piece of Monroe's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $391,679

  6.5%

  $361,550

  7%

  $335,725

• Comparable approach

  Method

  Valuation

  Relative Method

  $465,588

  Geo Method

  $176,321

• Alternative Use

  Use

  Valuation

  Residential

  $448,322

  Hospitality

  $410,661

  Educational

  $341,665

  Medical

  $353,415

  Retail

  $531,479

Location Insight

City

Monroe

County

Ouachita

State

Louisiana

Latitude

32.5333

Longitude

-92.0908

CBSA code

33740

CBSA name

MONROE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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