Sold: Former Canary Motel / 3002 Cypress St. / West Monroe, LA

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.