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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
1 LOT AVAILABLE
Lot
| Price | $775,000 | Lot Size | 1.82 AC |
| Price Per AC | $425,824.18 |
| Price | $775,000 |
| Price Per AC | $425,824.18 |
| 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 | $7,735 |
| Land Assessment | $42,710 | Total Assessment | $50,445 |
PROPERTY TAXES
Parcel Number
57958
Land Assessment
$42,710
Improvements Assessment
$7,735
Total Assessment
$50,445
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