Corner Lot on Kings Hwy for Sale
Retail-Commercial
for Sale
| Catylist Listing ID: |
30523879 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Mixed Use, Retail-Pad, Service Station/Gas Station, Tavern/Bar/Nightclub, Other
|
| Building Size (RSF): |
1,223 SF
|
| Gross Land Area: |
0.25 Acres
|
| Sale Price: |
$175,000 |
| Unit Price: |
$143.09 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Former Chevron |
| Usable Size (USF): |
1,223 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/1/2020 |
Overview / Comments
3103 Highland Avenue is a redevelopment opportunity consisting of a 0.25-acre lot. It is a former gas station with four fuel pumps and is situated on a highly desirable corner lot- the southeast corner of Kings Highway and Highland Avenue. The building has expansive counter-top space, a small kitchen area, and restrooms accessible on the exterior of the building. Ideally located, the property is 0.4 miles east of the Kings Hwy/Line Avenue intersection, 0.9 miles east of I-49, and less than one mile west of Youree Drive. The property is south of downtown in the historic Highland Subdivision. The area features a variety of entertainment, restaurants, and national retailers including Brookshire's, Family Dollar, and Wendy's. Subject property is in close proximity to multiple educational institutions. To the east is Louisiana’s only Tier One National Liberal Arts College – Centenary College. To the west, there is C.E. Byrd High School (2,000+ students) as well as St. Mark’s Cathedral School. LSU Health Shreveport School of Medicine is less than 1.5 miles to the west.
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Additional Details
| Nearest MSA: |
Shreveport-Bossier City |
| County: |
Caddo |
| Taxing Authority: |
Caddo Parish, City of Shreveport |
| Tax ID/APN: |
171307027010000 |
| Zoning: |
C-2 |
| Retail Clientele: |
General |
| Property Located Between: |
Line Ave. & Youree Dr. |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Kings Hwy, Line Ave, Youree Drive |
| Feet of Frontage: |
120 |
| Traffic/Vehicle Count: |
21,566 |
| Highway Access: |
I-20; I-220; I-49 |
| Airports: |
Shreveport Regional Airport - 7.5 Miles |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
1,223 SF |
| Property Condition: |
Good |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Zoning Description: |
Corridor Commercial Zoning District |
| Lot Frontage: |
120 |
| Lot Depth: |
80 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,952 |
90,577 |
183,975 |
| Median Age: |
32.59 |
34.82 |
34.92 |
| Households: |
6,578 |
38,065 |
74,521 |
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The information presented herein is provided as is, without warranty of any kind.
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