Motor Finance Properties - Tracts G & H

Vacant Land for Sale
Catylist Listing ID: 216010
Gross Land Area: 17.26 - 34.45 Acres
Sale Price: $8 PSF
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2022

Overview / Comments

The subject property consists of various tracts totaling ±56 acres all located throughout one of the fastest growing commercial corridors in Shreveport. The tracts offer excellent access and visibility, as well as ideal proximity to LA Inner Loop 3132, I-49, E. Bert Kouns Industrial Loop, Ellerbe Rd., Line Ave., and more.

Centrally located, the tracts are on either side of the highly trafficked 3132/Bert Kouns Industrial Loop corridor and sit less than half a mile from Ellerbe Road.
Tract G sits on the northwest corner of E. Bert Kouns Industrial Loop and contains 17.26 acres.
Tract H is comprised of 34.45 acres and sits adjacent on the east side of the road.
Both tracts are divisible, and all mineral rights reserved.


Situated in a high growth developing area, the tract includes a land area of 0.503 acres (21,914 SF) and offers excellent visibility and access. The surrounding area includes specialization in medical office, general office, and some retail. Access to the site is on Millicent Way with head in parking. The property is situated at the southeast corner of Line Avenue and Millicent Way and backs up to Spring Lake Subdivision, a mature upscale residential development.

Seller's Purchase Agreement is required to be used for all purchases. Seller had final approval rights for site plan and architectural design. Tracts must share curb cuts and access per DOTD and City of Shreveport requirements. Purchasers must participate in Mutual Reciprocal Servitude of Passage and Access and Restrictive Covenants agreement with seller and adjacent owners. Purchasers also share in the cost of common curb cuts.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Taxing Authority: Caddo Parish Assesor
Tax ID/APN: 171338001004500
Zoning: C-2
Market Type: Medium
Property Located Between: E. Bert Kouns Industrial Loop and Inner Loop Expressway
Road Type: Highway
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,439 47,768 132,595
Median Age: 37.55 37.74 36.48
Households: 2,061 20,125 53,731


Photograph of Listing Agent

JoAnn Wheless

Sealy Real Estate Services LLC Shreveport, LA 71101
LACDB Member
Photograph of Listing Agent

Jackson Wheless

Sealy Real Estate Services LLC Shreveport, LA 71101
LACDB Member
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