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    5116 Monkhouse Dr Shreveport, LA 71109

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    For Sale
    $2,950,000

    3.5 acre commercial land for redevelopment with interstate access.

    Property size:
    154,202 SF
    Lot size:
    3.54 Acres

    Property Features for 5116 Monkhouse Dr

    General Information

    Size
    154,202 SF
    Lot size
    3.54 Acres

    Source: Lea Hall Properties Agent Jamie Moreland

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    I-20 Redevelopment Site For Sale

    This commercial land is a redevelopment site situated on approximately 3.5 acres at the southwest corner of I-20 East and Monkhouse Drive in Shreveport. The property has interstate access and exposure. It is zoned C-3 and suited for retail, convenience stores/gas stations, car rentals, fast food, and hospitality. The seller is interested in selling the site for redevelopment purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Regency Continental Hotel Monkhouse Soul And Seafood Seafood Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.82789
    Latitude
    32.459596

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    FAQs

    What type of property is this?
    Commercial land - 3.5 acre commercial land for redevelopment with interstate access.
    Where is this commercial land located?
    The property is located at 5116 Monkhouse Dr Shreveport, LA.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - Prime re-development site located at the SW corner of I-20 East and Monkhouse Dr.; - Exceptional interstate access and exposure.; - Zoned C-3, suitable for various commercial uses.
    (318) 469-8399
    Request Owner's contact information
    5116 Monkhouse Dr Shreveport, LA 71109
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    Realmo Value Estimation

    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.

    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.

    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
    5116 Monkhouse Dr Shreveport, LA 71109
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