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    West 70Th St Greenwood, LA 71033

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    For Sale
    $791,000

    Land available along I-20, suitable for commercial development.

    Lot size:
    6.12 Acres

    Property Features for West 70Th St

    General Information

    Lot size
    6.12 Acres
    Source: Elliman

    Listing Agent: Chris Harmon

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

    Overview

    Land Along Interstate I-20

    This property is located along Interstate I-20 on West 70th Road at exit #5 in Greenwood, Louisiana. The land is clear, flat, and level. It is suitable for a strip center, restaurants, or grocery stores. A bank is currently located to the left of the property. The property can be subdivided.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Greenwood
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.6983088
    Latitude
    32.4495738

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    FAQs

    What type of property is this?
    Commercial land - Land available along I-20, suitable for commercial development.
    Where is this commercial land located?
    The property is located at West 70Th St Greenwood, LA.
    What is the asking price?
    The asking price for this property is $791,000.
    What are key features of this property?
    This property features: - High-visibility location directly on Interstate I-20 at Exit #5.; - Cleared, flat, and level land suitable for immediate development.; - Potential for subdivision, offering flexible development options.
    Request Owner's contact information
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    Greenwood, LA 71033
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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
    West 70Th St Greenwood, LA 71033
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