5243 Cypress StWest Monroe, LA 71291

Property Details for 5243 Cypress St

Lot size

2.11 AC

Property type

Land

Property subtype

Commercial land

APN

130011

APU

130011

Description

This exceptional 2.09-acre commercial land parcel presents a unique investment opportunity in West Monroe, Louisiana. Located at 5243 Cypress Street, this property boasts an enviable position as an outparcel of a Walmart Neighborhood Market, experiencing an impressive 1.3 million annual customer visits. The high-traffic location ensures excellent visibility and accessibility for any business. Detailed traffic data reveals an average daily traffic volume of 31,967 vehicles, further underscoring the site's strong commercial potential. The surrounding area demonstrates robust demographics, with a 3-mile population of 15,184 and a 3-mile daytime population of 11,335. The median household income within a 3-mile radius is a substantial $57,011, indicating a strong consumer base with significant purchasing power. This property is available for sale, ground lease, or build-to-suit arrangements, offering flexibility to suit various development plans. The property is situated in Ouachita Parish, Louisiana, zip code 71291. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving West Monroe market. Don't miss this chance to capitalize on the significant potential of this exceptional property.

• Alternative Use

  Use

  Valuation

  Residential

  $16,684,195

  Hospitality

  $15,282,633

  Educational

  $12,714,971

  Medical

  $13,152,259

  Retail

  $19,778,844

Location Insight

City

West Monroe

County

Ouachita

State

Louisiana

Latitude

32.515

Longitude

-92.1884

CBSA code

33740

CBSA name

MONROE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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