Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Gated Community Title is generated by Realmo AI

    Silver Point Drive, Shreveport, LA 71106

    View on Map
    Claim this Listing
    For Sale
    $245,000

    LAND - Shreveport, LA

    Lot size:
    0.79 Acres
    Added:
    Apr 23, 2026
    Days on Market:
    41
    Last Refresh:
    Jun 2 at 7:06 pm

    Property Features for Silver Point Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    161327-005-0003-00
    Lot size
    0.79 Acres

    Taxes and HOA fees

    Tax Description
    0.789 ACS. M/L- LOT 3, SILVER POINT AT LAKESIDE UN

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    Waterfront, Lake Front
    Water front
    1

    We can help!

    Listing Contact
    Susannah Hodges

    Listing agent Susannah Hodges License #0995684198

    Listing office Compass Corporate (LATT16) Metairie, LA

    Listing date Apr 23, 2026

    MLS# 20803133 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Gated and guarded upscale development offering security and exclusivity
    • Waterfront lots available with lake frontage
    • Large lots, half acre plus, providing ample space
    • Lake views from all lots
    • Designed for community and privacy
    • Conveniently located off Ellerbe Road, south of Flournoy Lucas Road

    Overview

    Located in southeast Shreveport, this property is part of the upscale Silver Point development. This gated and guarded community features home sites, including limited remaining waterfront lots. The available lot is 0.789 acres. Each residential lot was carefully created by the developers to provide a sense of community while maintaining private sight lines and areas for outdoor living. The property is located off Ellerbe Road, 3.5 miles south of Flournoy Lucas Road.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.6904324
    Latitude
    32.3507174

    Nearby Similar for Sale

    • $575,000
      5,500 SF

      Veterinary Office Near Kings Hwy

      Move-in ready veterinary office near Kings Hwy and Youree Drive.
      2900 Youree Drive, Shreveport, LA 71104
      View Details
    • $695,000
      11,810 SF

      Multi-Building Retail and Office Property

      Two connected buildings with open layouts, ample parking, and gated access provide flexible space in a high-visibility corridor.
      2430 Line Avenue, Shreveport, LA 71104
      View Details
    • $650,000

      Industrial Warehouse with Heavy-Duty Infrastructure

      20,618 SF industrial warehouse with office space and heavy-duty features.
      250 Montgomery Street, Shreveport, LA 71107
      View Details
    • $275,000
      5,450 SF

      Shreveport Commercial Building on Large Lot

      5,450 SF building on 2.61 acres with redevelopment potential.
      8808 Mcgoldrick Drive, Shreveport, LA 71129
      View Details
    • $279,900
      4,200 SF

      Renovated Commercial Property with Shop Space

      Flexible office and shop space designed for efficiency and expansion.
      1717 Edwards Street, Shreveport, LA 71101
      View Details
    • $539,900

      Turnkey Auto Collision Facility

      Fully equipped collision shop with heated work bays and office comfort, positioned for strong visibility on a major commercial corridor.
      9830 Mansfield Road, Shreveport, LA 71118
      View Details
    • $1,000,000
      37,576 SF

      Shreveport Industrial Property with Cranes

      Industrial property with cranes and quick access to major highways.
      717 Grimmett Drive, Shreveport, LA 71107
      View Details
    • $450,000

      Spacious Shreveport Property with Sanctuary

      Versatile Shreveport property featuring a large sanctuary and classrooms.
      5823 Ledbetter Street, Shreveport, LA 71108
      View Details
    • $395,000
      2,752 SF

      Versatile Commercial Building on Bert Kouns

      Well-maintained commercial building suitable for medical, dental, or professional office.
      672 W Bert Kouns Industrial Loop, Shreveport, LA 71118
      View Details
    • $239,900
      2,076 SF

      Remodeled Commercial Property, Shreveport, LA

      Modern, adaptable commercial space with high visibility and accessibility.
      9099 Mansfield Road, Shreveport, LA 71118
      View Details
    • $625,000

      Secluded Office Building with Ample Parking

      Well-suited for professional office use with ample parking and convenient access near major regional routes.
      3312 N Market Street, Shreveport, LA 71107
      View Details
    • $265,000
      2,954 SF

      Turn-Key Shreveport Commercial Building

      Multi-use commercial building in Shreveport's Highland and Stoner Hill area.
      678 Egan Street, Shreveport, LA 71101
      View Details

    FAQs

    What type of property is this?
    Land - Upscale residential land for sale in Shreveport's Silver Point.
    Where is this land located?
    The property is located at Silver Point Drive Shreveport, LA.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: Gated and guarded upscale development offering security and exclusivity; Waterfront lots available with lake frontage; Large lots, half acre plus, providing ample space
    (504) 525-1311
    We can help!
    Listing Contact
    Susannah Hodges
    Real Estate License ID: 0995684198
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Silver Point Drive, Shreveport, LA 71106
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!