203 Wassan StMonroe, LA 71292

  • Land
  • 20.92 AC
For Sale
$1,000,000 View listing

Property Details for 203 Wassan St

Lot size
20.92 AC
Property type
Land
Property subtype
Commercial land
APN
136364
APU
136364

Description

This exceptional 20.86-acre undeveloped commercial land parcel presents a unique investment opportunity in West Monroe, Louisiana. Strategically located within the city's Industrial Park, this property boasts unparalleled accessibility. Enjoy convenient access to Interstate 20, as well as key local thoroughfares including Well Road, Downing Pines, Thomas Road, and Cypress Street. The expansive lot offers significant road frontage along both Exchange and Wassan Streets, providing ample opportunity for development and visibility. The property's classification as both industrial and commercial land allows for a wide range of potential uses, from warehouse construction to industrial expansion projects. Given its prime location and substantial size, this property is ideally suited for businesses seeking a strategic foothold in a thriving industrial area. The asking price for this exceptional opportunity is $1,000,000. The property is located at 203 Wassan Street, West Monroe, LA 71292. This is a rare chance to acquire a significant land holding in a high-demand area with excellent infrastructure and connectivity. Don't miss this chance to secure your future in West Monroe's dynamic industrial sector.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $165,700,960
    Hospitality
    $151,781,184
    Educational
    $126,280,168
    Medical
    $130,623,136
    Retail
    $196,435,824
203 Wassan St, Monroe, Louisiana

Location Insight

City
West Monroe
County
Ouachita
State
Louisiana
Latitude
32.5005
Longitude
-92.1728
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
$2,812
$36,603
-
$36,603
-
$366,030
-
$366,030

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