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    Flournoy Lucas Rd Shreveport, LA 71106

    Sponsored
    For Sale
    $560,000

    0.9-acre commercial/industrial lot. Prime Shreveport location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.9-acre parcel of land, located at 0 Flournoy Lucas Rd in Shreveport, Louisiana, presents a unique investment opportunity. Zoned for both commercial and industrial uses, this property offers significant potential for a variety of development projects. The asking price is $560,000, translating to a land value of $25,000 per acre. Situated in the Flournoy Lucas area of Caddo Parish, this location provides convenient access to major transportation routes and established infrastructure. The property's APN is 161309000006700. Its versatility makes it suitable for a range of businesses seeking a strategic location in Shreveport. The 71106 zip code ensures easy access to local amenities and a strong workforce. This is a rare opportunity to acquire a sizable, well-located parcel of land in a thriving Louisiana market. Serious inquiries are encouraged to explore the possibilities this property offers. Further details are available upon request. The property is ready for immediate development.

    Property Features for 0 Flournoy Lucas Rd

    General Information

    Property type
    Land
    Lot Size
    39,204 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.7594173
    Latitude
    32.3909903

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    FAQs

    What type of property is this?
    Land - 0.9-acre commercial/industrial lot. Prime Shreveport location.
    Where is this land located?
    The property is located at Flournoy Lucas Rd Shreveport, LA.
    What is the asking price?
    The asking price for this property is $560,000.
    Request Owner's contact information
    Flournoy Lucas Rd Shreveport, LA 71106
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    Shreveport, LA 71106
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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
    Flournoy Lucas Rd Shreveport, LA 71106
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