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31162991
7082712

I-20 Corridor (West of Lowe's), Monroe, LA 71202

JC
LA995693195
John Rea Realty
Listed by John Rea Realty
$1,982,400
1484 days on market
Updated 31 days ago

I-20 Frontage/28 Acres for Development

Details
APN 123527, 123528, 123529
Property Type Land
Sub Type Commercial, Industrial (+1)
Price Per Acre $87,179
Broker Co-Op Yes
Acreage 28.000
Zoning Parish
Ownership Owned

New I-20 Frontage Access

Marketing description

I-20 Frontage Road Completed! 28 +/- Acres of Vacant/Raw Commercial Acreage for Development along I-20. 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.

Investment highlights

  • I-20 Frontage Rd Access.

  • Just West of Lowe’s Home Improvement.

  • All utilities available.

  • Qualifies for the Federal Economic District benefits.

  • Can be subdivided.

Listing Contacts

JC
LA995693195
John Rea Realty
Listed by John Rea Realty

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