Catylist ID:
#30583400
SE Shreveport Retail/Office/Medical Development Site
Vacant Land
for Sale
Also listed as Office, Retail-Commercial
| Catylist Listing ID: | 30583400 |
| Property Subtypes: | Office, Retail, Retail-Pad |
| Gross Land Area: | 1.32 Acres |
| Sale Price: | $850,000 |
| Unit Price: | $643,939 Per Acre |
| Sale Terms: | Cash to Seller, Owner Financing, Build-to-Suit |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/8/2024 |
Overview / Comments
|
Shovel-ready development site on Ellerbe Road. Located across the street from the new YMCA that's scheduled to be completed by June 2023 and the Camp Forbing Marketplace shopping center, which is anchored by the most visited Kroger in Louisiana (approx 30,000 visits per week). The new YMCA “is expected to bring thousands of new visitors to Shreveport and have a $4 million economic impact in its first year." If your client has potential clientele that will be taking advantage of the Y's full-service gym, athletic fields, large swimming pool with splash pads, and the many community outreach programs the NWLA YMCA is known for, then this 1.32-acre site will get you plenty of visibility as it is directly across the street. This 1.32-acre tract is zoned C-1. The current owner has performed significant improvements including clearing and leveling the site and bringing in city sewer service. Now all utilities are on site. Deed restrictions limit the use to retail, office, or medical office only. |
Additional Details
| Nearest MSA: | Shreveport-Bossier City |
| County: | Caddo |
| Tax ID/APN: | 161308042000200 |
| Zoning: | C-1 |
| Property Visibility: | Excellent |
| Feet of Frontage: | 140 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,734 | 38,867 | 113,072 |
| Median Age: | 49.52 | 37.25 | 36.57 |
| Households: | 705 | 16,291 | 45,164 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions. |
