$3,400,000
0 I-20 Frontage Road, Monroe, LA 71202
0 Beds
0 Baths
n/a SqFt

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May, 2022 Update: Frontage Road Development 90% Complete. 39 +/- Acres of Vacant/Raw Commercial Acreage for Development along I-20.? Located South of I-20; just West of Lowes Home Improvement.? All utilities available.? Highest Best Use: Retail/Commercial, Industrial, Multi-Family.? Annexation: City of Monroe.? This property along I-20, with an abundance of anchor Stores, restaurants, hotels, and strip centers makes this an attractive investment for commercial development.? Acreage is Approximate (39+- acres).? Buyer to survey for correct acreage determination.? $3,400,000.00 ($87,179.48/acre).? The property does Qualify for the Federal Economic District benefits currently governed by the City of Monroe and in place with boundaries on the North side of I-20.? Any benefits to be derived by an owner/developer are to be determined on a piece by piece basis by the I-20 Economic Development Board.? Adjacent Parcels up to 85 +/- Acres available.
  • Price:
  • $3,400,000
  • Acreage:
  • 39.00
  • Listing ID #:
  • 135300
  • Street Address:
  • 0 I-20 Frontage Road
  • City:
  • Monroe
  • State:
  • Louisiana
  • Postal Code:
  • 71202
  • Community:
  • 131 Monroe & Op-East/ Hwy 165 To Richland Parish
  • Subdivision:
  • Other
  • Listing Status:
  • Active
  • Listing Type:
  • LAND
  • Complex/Building Access:
  • Divided Highway, State Parish Highway
  • Extra Remarks:
  • Can Be Divided, Other
  • Legal:
  • Ne/4 Of Nw/4, Sec. 4, T14n, R4e
  • Conforms To Zoning:
  • Parish
  • Existing Land Use:
  • Vacant Land
  • Lot Description:
  • Wooded Lot
  • Lot Size:
  • 39 Acrs
  • Mineral Rights:
  • Seller To Retain
  • Timber Type:
  • Yes
  • Days On Market:
  • 1712
  • For Sale Or Lease?:
  • For Sale
  • Price Per Acre:
  • 87179.49
  • Restrictions:
  • Yes
  • Terms:
  • Cash, Conventional
  • Price Per Square Foot:
  • 87179.49
  • Fence:
  • Some Fencing
  • Electricity:
  • Available
  • Existing Water:
  • Available
  • Sewage Type:
  • Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By John Rea Realty

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