8.584 Acres Commercial Land in Opportunity Zone

Vacant Land for Sale
Catylist Listing ID: 9391268
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 8.58 Acres
Sale Price: $374,000
Unit Price: $43,589 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/9/2024

Overview / Comments

HUGE 50% PRICE REDUCTION!
* Reduced from $752,000
* Now $374,000 ($1.00 per Sq. Ft)
* Minerals not included.

Location highlights:
* A great corner location in West Shreveport;
* In City of Shreveport (200,000+/- pop) and parish of Caddo (246,580+/- pop) & 4 parish metro area (444,000+/- pop);
* At the NE corner of the intersection of 5 lane W. 70th St. (LA 511) at Broadacres Rd.(2 lane);
* 0.6± miles west of Pines Rd and 1.5± miles east of Bert Kouns Industrial Loop Expressway (LA 526);
* 1.5 Miles east of W. Bert Kouns Industrial Loop Expressway (LA 526)

Property Highlights:
* In Opportunity Zone;
* Corner lot;
* Excellent access & visibility to all passing traffic;
* Generally level, well drained, mostly covered in pine and hardwood timber;
* Served by City of Shreveport water (16" & 12" mains) & sanitary sewer (6" &10" mains) * AEP-Swepco electricity * Center Point Energy natural gas;
* Long road frontage on both West 70th St. (621’) and Broadacres Rd. (605’);
* An excellent building site for a variety of commercial uses, including office, retail, healthcare, and possible residential;
* Zoned C-3 Commercial;
* Inside City of Shreveport;
* Quick & easy access to all of Shreveport, Bossier City & surrounding areas & east Texas;
* Broker/Owner

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Tax ID/APN: 171523007001600
Zoning: C-3 (COMMERCIAL)
Property Located Between: Broadacres Rd. & W. 70th St.
Side of Street: North
Road Type: Paved, 2-Track
Property Visibility: Excellent
Largest Nearby Street: W. 70th Street
Feet of Frontage: 621
Transportation: Bus, Highway, Airport, Taxi, Other
Highway Access: I-20; 3132; I-220; I-49
Site Description: * Corner lot; * Excellent access & visibility to all passing traffic; * Generally level, well drained, mostly covered in pine and hardwood timber; * Served by City of Shreveport water (16' & 12" mains) & sanitary sewer (6" & 10" mains) * AEP-Swepco electricity * Center Point Energy natural gas; * Long road frontage on both West 70th St. (621’) and Broadacres Rd. (605’);
Area Description: * In Opportunity Zone * A great corner location in West Shreveport; * In City of Shreveport (200,000+/- pop) and parish of Caddo (246,580+/- pop) & 4 parish metro area (444,000+/- pop); * At the NE corner of the intersection of 5 lane W. 70th St. (LA 511) at Broadacres Rd.(2 lane); * 0.6± miles west of Pines Rd; * 1.5± miles east of Bert Kouns Industrial Loop Expressway (LA 526);
Lot Frontage: 621
Lot Depth: 605
Zoning Description: C-3 Commercial
Topography: Level
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,248 20,350 67,553
Median Age: 37.89 34.8 35.43
Households: 480 8,539 27,225

Contact

Photograph of Listing Agent

James S Dowling

Stirling Properties Baton Rouge
Covington, LA
LACDB Member
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