5.5 Acres - Youree & Flournoy Lucas

Vacant Land for Sale
Catylist Listing ID: 30042439
Property Subtypes: Retail
Gross Land Area: 5.45 Acres
Sale Price: $1,305,711
Unit Price: $239,580 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2023

Overview / Comments

5.448 Acres available for sale at the southeast corner of Youree Drive and Flournoy Lucas Road.

2013 Traffic Count for Youree Drive & Flournoy Lucas Road was 21,887 car per day.

Contains frontage on 3 major streets: 1,172 feet of frontage on Youree Drive, 593 feet on Flournoy Lucas Drive, and 925 feet on East Kings Hwy.

Located outside of the city limits and is currently on well water and septic system.

Zoned I-1 (Light Industrial).

Two steel buildings located on property containing 6,000 SF and 3,600 SF which are leased as storage units.

Lamar billboard is included in the sale. Centerpoint substation is owned by Centerpoint and is not included in the sale. Seller is reserving cell phone tower located at the northeast corner of the property and will subdivide prior to closing. Seller is reserving mineral rights.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Tax ID/APN: 161303000005800
Zoning: I-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,228 25,416 83,085
Median Age: 41.31 40.22 37.45
Households: 1,541 11,317 34,158


Photograph of Listing Agent

Andrew Cordaro

Coldwell Banker Apex REALTORS Shreveport, LA 71106
LACDB Member
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