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399 Constitution Dr - PRIME. Excellent Visibility. 73K+ Cars/Day. 1.06 Acres of Commercial Land Offered at $425,000 in West Monroe, LA 71292

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INVESTMENT HIGHLIGHTS

  • Traffic 73,000+ Cars/Day
  • All Utilities at Site
  • Excellent I-20 Exposure
  • Next to Cracker Barrel

EXECUTIVE SUMMARY

BACK ON MARKET + HUGE PRICE IMPROVEMENT! Now Only $425,000 or $9.21 PSF!
Best value for commercial lots fronting I-20 in West Monroe!
1.06 ± Acre PRIME Commercial Lot. 12,000 SF Concrete Pad already in place. 48 Asphalt Parking Spaces.
150’ Road Frontage | 345’ Lot Depth. Excellent Visibility from I-20 / Thomas Road (Exit 114).
Traffic Count: 73,420 cars/day.
Utilities On Site: Electric, Water, Gas & Sewer. Common Drive/Easement shared with Motel 6 at rear of property.
Adjacent to Cracker Barrel. Location Highlights: Thomas Road is the main north/south traffic artery in the city with a full interchange to I-20.
Businesses along this corridor consistently outperform national averages: Retailers: +80% higher sales. Restaurants: +50% higher sales. Entertainment: +94% higher sales. Nearby Businesses: Academy Sports + Outdoors • HarborFreight • Planet Fitness • Logan's Roadhouse • Avocado’s • Buffalo Wild Wings • Chili's • Outback Steakhouse • Cracker Barrel •Milano’s Italian Grill • Laughing Crab • El Sombrero • House of Cycles • Quality Inn & Suites • Underdogs Grill & Chill • La Quinta Inn & Suites • Monroe/West Monroe Convention Center • Holiday Inn Express & Suites • Interstate Hyundai • Interstate Dodge Chrysler Jeep RAM.
For more information, please call listing agent.

PROPERTY FACTS

Price $425,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Hospitality
  • Fast Food
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Motel
  • Restaurant
  • Specialty, Festival or Entertainment
Total Lot Size 1.06 AC
Zoning B-3 - General Business District

1 LOT AVAILABLE

Lot 1

Price $425,000
Price Per AC $400,943.40
Lot Size 1.06 AC

1.06 +/- AC with I-20 Exposure at Exit 114/Thomas Rd. 12,000 SF Concrete Pad Site. 48 striped asphalt parking spaces. Traffic count at 73,420 cars per day. All utilities at site. Next to Cracker Barrel.

DESCRIPTION

1.06 +/- AC PRIME Commercial Lot. 12,000 SF Concrete Pad Site. 48 Striped Asphalt Parking Spaces. 150 Feet Lot Frontage. 345 Feet Lot Depth. Excellent visibility from I-20/Thomas Road. Traffic Count: 73,420 Cars/Day per Exit 114. Utilities On Site: Electric, Water, Gas & Sewer. Common Drive/Easement shared with Motel 6 at rear of property. Located next to Cracker Barrel. Thomas Road is the main north/south traffic artery in the City and has a full interchange linking it to Interstate 20. Businesses in the Thomas Road/Interstate 20 Corridor have sales that dramatically outperform their average store sales elsewhere. Retailers are 80% higher, restaurants are 50% higher, and entertainment outlets are almost 94% higher than their national averages. This success has attracted more and more businesses to this area and, as a result, more people. Area Businesses along Constitution Dr: Academy Sport and Outdoors, Harbor Freight, Planet Fitness, Logan's Roadhouse, Avocado's, Buffalo Wild Wings, Chili's Grill & Bar, Outback Steakhouse, Cracker Barrel, Milano's Italian Grill,Laughing Crab, El Sombrero Mexican Restaurant, House of Cycles, Quality Inn & Suites, Underdogs Grill & Chill, La Quinta Inn & Suites, Monroe/West Monroe Convention Center, Holiday Inn Express & Suites, Interstate Hyundai and Interstate Dodge Chrysler Jeep RAM.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
88118
Land Assessment
$25,192
Improvements Assessment
$0
Total Assessment
$25,192
  • Listing ID: 28607465

  • Date on Market: 5/30/2023

  • Last Updated:

  • Address: 399 Constitution Dr, West Monroe, LA 71292

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