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.