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

    Wallace Lake Rd Shreveport, LA 71106

    Sponsored
    For Sale
    Contact for pricing

    Up to 88 acres, ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional property offers up to 88 acres of developable land, a significant portion of a larger 103-acre tract. Situated at the northeast corner of Southern Loop and Wallace Lake Road in Shreveport, Louisiana (Caddo Parish, zip code 71106), this strategically located parcel boasts 546 feet of frontage on Southern Loop and 1,530 feet on Wallace Lake Road. The land is zoned RA and presents a unique opportunity for a variety of commercial and residential uses. Its prime location on the "going home" side of Southern Loop, conveniently accessible from I-49, makes it highly attractive for developers. The property's potential uses include a lifestyle center, grocery store, retail spaces, medical and professional buildings, and restaurants. A key advantage is the recently installed signalized light at the Southern Loop and Wallace Lake Road intersection, ensuring excellent visibility and accessibility. Note that 15 acres at the intersection have already been purchased by Willis Knighton Health System. The APN is 161330000000200. Land prices range from $2 to $20 per square foot. This is a rare opportunity to acquire a large tract of land in a rapidly growing area.

    Property Features for 0 Wallace Lake Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑88 acres of commercial and residential land available in Shreveport, LA.
    • Land priced from $2 to $20 per square foot.
    • Located at the northeast corner of Southern Loop and Wallace Lake Road, Caddo Parish, LA, 71106.
    • Zoned RA.
    • APN: 161330000000200.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.7384864
    Latitude
    32.3661276

    Nearby Similar for Sale

    • $799,900
      0.28 Acres

      Shreveport Nightclub and Event Venue

      Turn-key nightclub and event venue in downtown Shreveport.
      1605 Marshall St, Shreveport, LA 71101
      View Details
    • $2,657,500
      1.83 Acres

      Equipped Auto Repair Facility

      Turnkey auto repair facility with lifts and updated features.
      1033 W 70Th St, Shreveport, LA 71106
      View Details
    • $395,000
      0.48 Acres

      Versatile Office Building, Shreveport, LA

      Commercial office building suitable for medical, dental, or professional use.
      672 West Bert Kouns Industrial Loop, Shreveport, LA 71118
      View Details
    • $695,000
      1.74 Acres

      Shreveport Retail Opportunity For Sale

      Expansive commercial property with high visibility and flexible space.
      2430 Line Ave, Shreveport, LA 71104
      View Details
    • New
      $225,000
      0.13 Acres

      Shreveport Triplex with Income Potential

      Triplex featuring remodeled, furnished main house and garage apartment.
      400 Washington St, Shreveport, LA 71104
      View Details
    • $675,000
      1.88 Acres

      High-Visibility Retail Opportunity in Shreveport

      Versatile commercial building with high traffic and convenient access.
      1837 N Market St, Shreveport, LA 71107
      View Details
    • $249,900
      0.30 Acres

      Remodeled Commercial Property on Corner

      Modern, adaptable commercial space with high visibility and accessibility.
      9099 Mansfield Rd, Shreveport, LA 71118
      View Details
    • $650,000
      0.20 Acres

      Two-Story Office Building in Shreveport

      Two-story commercial office building with 12 units in Shreveport.
      3218 Line Ave, Shreveport, LA 71104
      View Details
    • $89,000
      1,869 SF

      Shreveport Office and Retail Space

      Office and retail space less than 2 miles from downtown.
      1130 N Market St, Shreveport, LA 71107
      View Details
    • $400,000
      0.47 Acres

      Versatile Office Space in Shreveport

      4,000 sq ft office space with ample parking.
      721 Snow St, Shreveport, LA 71101
      View Details
    • $675,000
      1.76 Acres

      Shreveport Office Building For Sale

      6133 SF office building in Shreveport, LA, built in 2000.
      3312 North Market St, Shreveport, LA 71107
      View Details
    • $475,000
      0.23 Acres

      Shreveport Swimming Pool Business Opportunity

      Swimming pool business with building and inventory for sale.
      3320 N Market St, Shreveport, LA 71107
      View Details

    FAQs

    What type of property is this?
    Land - Up to 88 acres, ideal for mixed-use development.
    Where is this land located?
    The property is located at Wallace Lake Rd Shreveport, LA.
    What are key features of this property?
    This property features: 1-88 acres of commercial and residential land available in Shreveport, LA.; Land priced from $2 to $20 per square foot.; Located at the northeast corner of Southern Loop and Wallace Lake Road, Caddo Parish, LA, 71106.
    (318) 636-8500
    Request Owner's contact information
    Wallace Lake Rd Shreveport, LA 71106
    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.
    Wallace Lake Rd
    Shreveport, LA 71106
    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
    Wallace Lake Rd Shreveport, LA 71106
    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.