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Listed by Brian Bendily • John Rea Realty
$ 500,000
Est. payment | /mo
5.03 Acres Lot
$ 500,000
Est. payment | /mo
5.03 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 221048
Lot Size 5.030 Acres
Acres 5.03
Property Sub-Type Multi Family
Property Description
This 5-acre corner lot in West Monroe has 400 feet of frontage on Arkansas Road and 500 feet on Tasha Drive, directly across from Wallace Dean Road. With access to water and sewer and frontage on two roads, the property offers options for multifamily units, including apartments or townhouses, as well as retail use. The Arkansas Road frontage provides visibility for a business, while the Tasha Drive frontage gives a developer another side to consider when planning the layout. The pond on the property could possibly be be filled in or made smaller. There is also an existing house, which is considered to have no value. Contact us to schedule a walk of the property.
Location
State LA
County Ouachita
Direction Head down Arkansas Rd., Destination will be on the left
Exterior
Fence None
Utilities Available Natural Gas Available, Sewer Available, Water Available, Electricity Available
Waterfront Description Pond
Building
Lot Description Corner Lot
Water Public
Schools
Elementary Schools George Welch O
Middle Schools Good Hope Middl
High Schools West Monroe High School