1.7 Acres - Hwy 80/Desiard

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30803333
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 1.70 Acres
Sale Price: $370,000
Unit Price: $217,647 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/29/2022

Overview / Comments

Now Available! One of the last remaining vacant parcels along Hwy 80's commercial corridor in Monroe!

1.7 +/- Acre lot fronting Hwy 80 with direct side-street access on both sides! Located between Kenilworth Drive (Louisiana Baptist Children's Home) and Chatham Street (Amigos Mexican Restaurant).

Centrally located within a 3-minute drive: Monroe Regional Airport, Desiard Street restaurants/retail businesses and professional offices, University of Louisiana at Monroe, Pecanland Mall and Interstate 20.

All utilities available at site.
Property outside of city limits.
Billboard lease agreement in place - The Lamar Company.
Daily Traffic count: 20,263 per LA DOTD/2009.

Flood Zone: X - 0.2% Annual Chance
Ground Elevation: 80.7 Feet

For more information, call Jennifer Causey at 318-261-0892.

Additional Details

Nearest MSA: Monroe
County: Ouachita
Taxing Authority: Ouachita Parish
Tax ID/APN: 132323
Zoning: PARISH - NO ZONING
Property Located Between: Kenilworth Dr and Chatham St
Property Visibility: Excellent
Legal Description: 1.707 ACS M/L IN LOT 10 BLK 1 DESIARD TERRACE SUBD, IN SEC 67 & 68 T18N R4E, FROM SE COR OF LOT 11 BLK 2OF DESIARD TERRACE SUBD, N04-34-30W 844.15 TO POB, N86-42-29W 348.86, N07-43-00E 221.00, LF CURVE RAD=462.66
Largest Nearby Street: Hwy 80/Desiard St
Feet of Frontage: 298
Traffic/Vehicle Count: 20,263
Highway Access: Hwy 80
Airports: Monroe Regional Airport - 3 min (1.4 mi) via Airport Ave and Central Ave
Site Description: Vacant Land along high-traffic commercial corridor for Monroe. Lot size: 298x221x348x274. Lot fronts Hwy 80/Desiard Street, nestled between Kenilworth Drive (Louisiana Baptist Children's Home) and Chatham Street (Amigo's Mexican Restaurant). Traffic count: 20,263 per LA DOTD 2009.
Area Description: 2.5 miles to I-20; 2 miles to Pecanland Mall; 0.4 miles to Desiard Plaza, restaurants/retail businesses; 0.8 miles to Monroe Regional Airport and 1.8 miles to University of Louisiana at Monroe.
Lot Frontage: 298
Lot Depth: 223 Feet at Center
Zoning Description: Parish
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,801 34,015 75,720
Median Age: 29 31.96 33.14
Households: 1,912 13,178 28,959

Contact

Photograph of Listing Agent

Jennifer Causey

John Rea Realty Monroe, LA 71201
LACDB Member
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