Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Greenwood Rd Greenwood, LA 71033

    Sponsored
    For Sale
    $245,000

    Prime 5.28-acre commercial lot, I-20 visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5.28-acre commercial land parcel presents a unique investment opportunity in Greenwood, Louisiana. Strategically located on the hard corner of I-20 East at Greenwood Road, this property boasts significant visibility and accessibility within the Shreveport-Bossier City market. The site offers approximately 475 feet of frontage along the I-20 East exit ramp, with a total exit ramp frontage of approximately 780 feet. The property consists of two parcels, totaling 5.28 acres, as documented by the APN 171624007000500. Its location in Caddo Parish, Louisiana, zip code 71033, provides easy access to major transportation routes. The asking price is $245,000, representing an excellent value proposition, considering a recent appraisal significantly exceeding this amount. This high-visibility location is ideal for businesses seeking maximum exposure to a substantial traffic volume. The property's size and location make it suitable for a wide range of commercial developments.

    Property Features for 0 Greenwood Rd

    General Information

    Property type
    Land
    Lot Size
    229,997 SF

    HighLights

    • 5.28‑acre commercial land parcel in Greenwood, LA.
    • High‑visibility corner location at I‑20 East and Greenwood Road, offering significant frontage.
    • Approximately 475 feet of I‑20 East exit ramp frontage; total exit ramp frontage of approximately 780 feet.
    • Two parcels totaling 5.28 acres (APN 171624007000500) in Caddo Parish, LA, zip code 71033.
    • Asking price: $245,000; recent appraisal significantly higher.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greenwood
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.952997226657
    Latitude
    32.444001851848

    Nearby Comparable

    • $195,000
      39.00 Acres

      Greenwood Ranch Property For Sale

      39-acre ranch property in Greenwood, LA, near Highway 80W.
      Highway 80 W, Greenwood, LA 71033
      View Details
    • $69,500
      7.79 Acres

      Greenwood Ranch Property For Sale

      7.79 acre ranch property located in Greenwood, Louisiana.
      Highway 80, Greenwood, LA 71033
      View Details
    • $62,500
      7.00 Acres

      Land For Sale in Greenwood

      7 acre land parcel available in Greenwood, Louisiana.
      Highway 80, Greenwood, LA 71033
      View Details

    Nearby Similar for Sale

    • $52,500
      0.12 Acres

      Greenwood, LA Warehouse For Sale

      Single-story commercial property on Highway 80 in Greenwood, Louisiana.
      9340 Greenwood Rd, Greenwood, LA 71033
      View Details
    • $69,500
      7.79 Acres

      Greenwood Ranch Property For Sale

      7.79 acre ranch property located in Greenwood, Louisiana.
      Highway 80, Greenwood, LA 71033
      View Details
    • $195,000
      39.00 Acres

      Greenwood Ranch Property For Sale

      39-acre ranch property in Greenwood, LA, near Highway 80W.
      Highway 80 W, Greenwood, LA 71033
      View Details
    • $62,500

      Greenwood Land For Sale

      Land available near Highway 80 in Greenwood, Louisiana.
      Tract C, Greenwood, LA 71033
      View Details
    • $69,500

      Highway 80 Land For Sale

      Land available on Highway 80 in Greenwood, Louisiana.
      Trct C, Greenwood, LA 71033
      View Details

    FAQs

    What type of property is this?
    Land - Prime 5.28-acre commercial lot, I-20 visibility.
    Where is this land located?
    The property is located at Greenwood Rd Greenwood, 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: 5.28-acre commercial land parcel in Greenwood, LA.; High-visibility corner location at I-20 East and Greenwood Road, offering significant frontage.; Approximately 475 feet of I-20 East exit ramp frontage; total exit ramp frontage of approximately 780 feet.
    (318) 213-1555
    Request Owner's contact information
    Greenwood Rd Greenwood, LA 71033
    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.
    Greenwood Rd
    Greenwood, LA 71033
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Greenwood Rd Greenwood, LA 71033
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.