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I-20 Corridor
Monroe, LA 71202
28 Acres/West of Lowe's at I-20 · Land For Sale
·
28.00 AC
Investment Highlights
- Located in retail center along Interstate 20 in Monroe
- Development opportunity
Executive Summary
28 +/- Acres of Vacant/Raw Commercial Acreage for Development along I-20.
Located South of I-20; just West of Lowe's 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.
The property does qualify for the Federal Economic District benefits currently governed by the City of Monroe and in place with boundaries on the Northside 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.
Parcels may be acquired individually or in combination, with adjacent acreage available to accommodate a range of development sizes. Acreage is approximate. Buyer to verify acreage, zoning, and all development-related considerations.
Located South of I-20; just West of Lowe's 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.
The property does qualify for the Federal Economic District benefits currently governed by the City of Monroe and in place with boundaries on the Northside 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.
Parcels may be acquired individually or in combination, with adjacent acreage available to accommodate a range of development sizes. Acreage is approximate. Buyer to verify acreage, zoning, and all development-related considerations.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 28.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | Parish | ||
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 28.00 AC |
| Opportunity Zone |
Yes |
| Zoning | Parish |
1 Lot Available
Lot
| Price | $2,730,756 CAD | Lot Size | 28.00 AC |
| Price Per AC | $97,527.00 CAD |
| Price | $2,730,756 CAD |
| Price Per AC | $97,527.00 CAD |
| Lot Size | 28.00 AC |
28 +/- Acres along I-20 Service Rd located just West of Lowe's Home Improvement.
Description
28 +/- Acres along I-20 Service Rd. Located South of I-20; just West of Lowe's Home Improvement. 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. Buyer to survey for correct acreage determination.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $1,161 CAD | Total Assessment | $1,161 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,161 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,161 CAD
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