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2012 Tower Dr
Monroe, LA 71201

Tower Realty · Land For Sale · 1.82 AC

Investment Highlights

  • 400 front feet on Tower Drive
  • originally developed as a telephone company maintenance property with the entire surface area finished in concrete
  • one of Northeast Louisiana's most successful commercial growth areas.
  • New construction and recently commercial projects adjoining
  • excellent potential for redevelopment

Executive Summary

Property now improved with 1950's 4,793 square foot office and 5,088 square foot garage/storage building. Property priced under current land value

PROPERTY FACTS

Sale Type Owner User Property Subtype Commercial
No. Lots 1 Proposed Use
Retail
  • Office
Property Type Land Total Lot Size 1.82 AC
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
Total Lot Size 1.82 AC

1 Lot Available

Lot

Price £606,399 Lot Size 1.82 AC
Price Per AC £333,186
Price £606,399
Price Per AC £333,186
Lot Size 1.82 AC

410 front feet on Tower Drive x 191.6 feet depth- zoned for general business use, great visibility in Monroe's current commercial growth center, currently leased for $3,500/month for up to 8 more years with 90 day cancellation clause- redevelopment

Description

originally developed as a telephone company maintenance property with the entire surface area finished in concrete that is not occuppied by buildings- excellent potential for redevelopment- one of Northeast Louisiana's most successful commercial growth areas.

PROPERTY TAXES

Parcel Number 57958 Improvements Assessment £6,052
Land Assessment £31,453 Total Assessment £37,505

PROPERTY TAXES

Parcel Number
57958
Land Assessment
£31,453
Improvements Assessment
£6,052
Total Assessment
£37,505

zoning

Zoning Code b-3 (b-3)
b-3 (b-3)
 

  • Listing ID: 24301964

  • Date on Market: 15/10/2021

  • Last Updated:

  • Address: 2012 Tower Dr, Monroe, LA 71201

The Land Property at 2012 Tower Dr, Monroe, LA 71201 is currently available for sale. Contact Wilkes Real Estate for more information.

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2012 Tower Drive

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