I-20 Corridor - Commercial LAND FOR SALE


Monroe, LA 71202 1,698,840 SF
$3,400,000 USD
318-261-0892
I-20 Corridor, Monroe, LA for Sale
$3,400,000 USD
Commercial LAND - FOR SALE
1/6
1,698,840 SF

I-20 Corridor
Monroe, LA 71202


HIGHLIGHTS

  • Located in retail center along Interstate 20 in Monroe
  • Development opportunity

OVERVIEW

September, 2022: I-20 Frontage Road Completed! 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.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/ACRE

$87,179/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

39 Acres/West of Lowe's at I-20

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Multi-Family

LAND ACRES

39 AC

LAND SF

1,698,840 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone, Irrigation

ZONING

N/A

APN/PARCEL ID

123527,123528,123529,13265

ASK ABOUT THIS PROPERTY

Jennifer CauseyJohn Rea RealtyMore Info
318-261-0892

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Jennifer CauseyJohn Rea RealtyMore Info
318-261-0892

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.