1881 Hudson CirMonroe, LA 71201

Property Details for 1881 Hudson Cir

Year built

2007

Lot size

0.62 AC

Property size (Sq ft)

6,116 SF

Property type

Office properties

Property subtype

Other office properties

APN

117790

APU

117790

Description

This exceptional 3,000-square-foot Class A executive office suite, located at 1881 Hudson Cir N in Monroe, Louisiana (71201), presents a unique opportunity. Built in 2007, this single-tenant, two-story building sits on a 0.62-acre lot and offers a private, second-story entrance. The interior boasts two large executive offices at each end (easily subdivided), three additional private offices, a dedicated conference room, a copy room, a break area, and two restrooms. Ample storage space is also included. Negotiable access to additional conference/meeting rooms on the ground floor is available. The property features 30 total parking spaces, including two handicapped-accessible spaces at the front. Professional landscaping and a security lighting/system enhance the property's appeal. The B-3 zoning provides flexibility. This location offers convenient access to numerous restaurants and specialty shops, and is minutes from I-20 and the Monroe Regional Airport. The APN is 117790.

• CAP approach

  CAP return

  Valuation

  6%

  $971,812

  6.5%

  $897,058

  7%

  $832,982

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,155,188

  Geo Method

  $437,477

• Alternative Use

  Use

  Valuation

  Residential

  $1,112,352

  Hospitality

  $1,018,908

  Educational

  $847,720

  Medical

  $876,874

  Retail

  $1,318,675

Location Insight

City

Monroe

County

Ouachita

State

Louisiana

Latitude

32.5292

Longitude

-92.1147

CBSA code

33740

CBSA name

MONROE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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