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

1 Lot Available

Lot

Price $1,098,539 CAD
Price Per AC $603,593 CAD
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

PROPERTY TAXES

Parcel Number
57958
Land Assessment
$56,979 CAD
Improvements Assessment
$10,964 CAD
Total Assessment
$67,944 CAD

zoning

Zoning Code b-3 (b-3)
b-3 (b-3)
  • Listing ID: 24301964

  • Date on Market: 2021-10-15

  • Last Updated:

  • Address: 2012 Tower Dr, Monroe, LA 71201

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