Catylist Listing ID: 2133667
Property Subtypes: Retail-Pad
Building Status: Proposed
Gross Land Area: 1.11 Acres
Sale Price: $300,000
Unit Price: $270,270 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2019

Overview / Comments

Tract Lot 3 - 1.11 Acres Undeveloped Commercial Site
Located on North side of McDonalds Restaurant at corner
of Kings Highway and Barrett Street.
Lot 3 has 172' fronting Barrett Street and 204' along North Property Line. Site is Zoned Business 2 (B-2) / located in SPI-4 (Kings & I-49 Overlay District)

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Taxing Authority: City of Shreveport / Caddo Parish
Tax ID/APN: 171412069006300
Zoning: BUSINESS (B-2)
Market Type: Large
Property Located Between: Interstate 49 and Fairfield Avenue
Side of Street: North
Road Type: Highway
Property Visibility: Excellent
Legal Description: Lot 3, Kings Highway I-49 Subdivision Unit #1 (Total of 1.11 Acres)
Largest Nearby Street: Kings Highway
Feet of Frontage: 266
Traffic/Vehicle Count: 38,911
Transportation: Bus
Highway Access: Tract is accessible via Street built into Kings Highway I-49 Subdivision by Seller. The street is "L" shaped configuration allowing traffic to flow through the property from either Kings Highway onto Barrett Street or via versa.
Airports: Shreveport Regional Airport
Site Description: The remaining 1.11 Acres is located directly east of the InterTech Center, a redevelopment project created bt the Biomedical Reseach Foundation of Northeast Louisiana. InterTech Center focus is the redevelopment of the area between Willis-Knighton Medical Center, University Health (Former LSUHSC) and LSU Medical School Shreveport. Neighborhood retailers include Dillard's and many other mixed use retailers in located in Mall St. Vincent
Area Description: Kings Highway I-49 Subdivision is located at the Northeast corner of Kings Highway and Interstate 49. Developement site is bordered by Southern Avenue (I-49 frontage road) to the west, Kings Highway to the south and Barrett Street to east. The property, located in the heart of an established residential area, is surrounded by LSU Health and Science Center to the west, Historic Fairfield Neighborhood District to north and South Highlands neighborbood to the east and south.
Lot Frontage: 172
Lot Depth: 204
Zoning Description: Commercial Business District (B-2) SPI-4 Kings Highway Interstate 49 Overlay District
Development Name: Kings Hwy & I-49 Commercial Subdivision, Unit 1
Topography: Level
Easements: Utilities
Soil Type: Clay
Available Utilities: Electric
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,729 89,649 182,168
Median Age: 34.92 35.23 34.67
Households: 4,802 37,116 73,739


Photograph of Listing Agent

Thomas G Carmody, Jr

Sale Commercial Properties Bossier City, LA 71111
LACDB Member
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