544 Meadowlark DrMonroe, LA 71203

  • Industrial properties
  • 14,255 SF
For Sale
$375,000 View listing

Property Details for 544 Meadowlark Dr

Year built
1973
Lot size
3.50 AC
Property size (Sq ft)
14,255 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
107986
APU
107986

Description

This exceptional commercial property, located at 544 Meadowlark Drive in Monroe, Louisiana (zip code 71203), presents a unique investment opportunity. Situated on a spacious 3.5-acre lot, this Class B industrial property features two buildings totaling 4,000 square feet, priced at $93.75 per square foot. The main warehouse building offers approximately 3,000 square feet of versatile storage space, ideal for a variety of uses. A separate office building, comprising roughly 1,000 usable square feet, provides ample workspace. This office space includes a conference room, multiple private offices, a small kitchen area, and two private bathrooms. The property is zoned for Commercial/Industrial use and boasts convenient access to Interstate 20, ensuring efficient transportation and logistics. The expansive lot provides ample space for large trucks and vehicles, making it suitable for businesses requiring significant storage or operational space. This single-tenancy property is currently used as a hoist and crane service company, demonstrating its adaptability to various industrial applications. The asking price for this exceptional property is $375,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,592,435
    Hospitality
    $2,374,656
    Educational
    $1,975,686
    Medical
    $2,043,633
    Retail
    $3,073,290
544 Meadowlark Dr, Monroe, Louisiana

Location Insight

City
Monroe
County
Ouachita
State
Louisiana
Latitude
32.4931
Longitude
-91.9764
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
$2,949
$1,750
$7,416
$9,166
-
$17,500
$49,440
$66,940

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