Category: Uncategorized

Date Recorded:  12/29/11
Seller:  Erinbrook, LLC, et al
Buyer:  Whites Ferry Road Grocery, LLC
Price:  $350,000
Remarks:  This is likely a former build to suit project for
Advance Auto Parts and is selling for 2nd
generation use. 





Note:  The accuracy of the above information is not guaranteed. 

Sold:  Vacant land / Highway 165 @ Horseshoe Lake Road
Date Recorded:  1/3/12
Seller:  Horseshoe Lake Storage, LLC
Buyer:  Danco Properties, LLC
Price:  $254,000





Note:  The above information is for reference only and
should not be relied upon without further verification. 

Sold:  3002 Cypress / Former Canary Motel
Date Sold:  12/15/11
Seller:  Succession of Elsie Mae Mix Webb
Buyer:  Max Alley Investments, LLC (Texarkana Corporation)
Price:  $325,000
This sale is thought to be the purchase of land for redevelopment as
a build to suit project.  Based on the buyer’s history and language in the
conveyance record, development of a Family Dollar Store may be likely. 
The site is approximately 56,700 sq. ft. which calculates to $5.73 per
square foot prior to any required expenditures after purchase. 





Note:  The above information is for reference only and should not be
relied upon without further verification.  No guarantee is made about the
accuracy of the above information. 

Sold:  Fontana Road / Industrial Warehouse Property / Monroe, LA
Date Sold:  December 13, 2011
Seller:  Louisiana Properties, LLC
Buyer:  Pulpmill Services, Inc.
Price:  $500,000





Note:  The above information is for reference only and no guarantee is made
regarding the accuracy of the information provided.  Source:  Conveyance Record. 

Sold:  Vacant Land / Cypress Street in West Monroe, LA
Lot 6, Ashford Place, 3rd Revision

Date:  December 9, 2011
Seller:  Church Hill Land Co, LLC
Buyer:  Deep Pockets Investments, Inc.
Price:  $387,500

Date:  December 9, 2011
Seller:  Deep Pockets Investments, Inc.
Buyer:  Guaranty Bank & Trust Co of Delhi
Price:  $387,500  (size of site is around 47,000 square feet or approximately $8.25 / SF)



The above information is for reference only and should not be relied upon without proper
verification.  Source:  The Legal Recorder, Inc.

Sold:  North Louisiana Motor Speedway / Monroe, LA
Date Recorded:  November 10, 2011
Seller:  Biz Capital Bidco II, LLC
Buyer:  G & J Investments of Ouachita, LLC
Price:  $726,000
Book / Page:  2270 / 183



Note:  The above information is for reference only and should not be relied upon without
proper verification.  Source:  The Legal Recorder, Inc.

Sold:  Land in the NE4 of SE4, Section 29, T18, R3 & Sundry Property

Date Recorded:  October 20, 2011
Seller:  David Crew, Arthur Lee Brooks, John Green
Buyer:  K & A of Monroe, LLC
Price:  $700,000
Source:  The Legal Recorder, Inc. / the above information is for reference only
and should not be relied upon without proper verification. 

Sold:  Office Building / 1811 Tower Drive, Monroe, LA
Date Recorded:  September 28, 2011
Price:  $1,200,000
Seller:  Welsh Properties Limited Partnership
Buyer:  1811 Tower Drive, LLC
Legal:  Sq. A Erin Park Addition, Lot 4
Note:  The above information should
not be relied upon without further verification
by the user. 

Sold:  Convenience Store @ 2809 Cypress Street, West Monroe, LA

Date Recorded:  September 27, 2011
Price:  $675,000
Seller:  Circle K Stores, Inc.
Buyer:  Tejanie & Dahal Investments, LLC
Book / Page:  2265 / 824
Note:  This is information should not be relied
upon without further verification by the user. 

 

http://m.thenewsstar.com/business/article?a=2011110050311&f=734



Michael A. Graham, MAI
1300 Hudson Lane
Suite 1
Monroe, LA 71201
318-387-9092 office
318-801-0950 mobile
magraham@mgmai.com