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    1417 Fairfield Ave Shreveport, LA 71101

    Sponsored
    For Sale
    $225,000

    High-traffic corner location, great potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity presents a former convenience store located at 1417 Fairfield Ave, Shreveport, Louisiana, 71101. Priced at $225,000, this property boasts a highly desirable corner location just one block from Ochsner LSU St. Mary's Hospital, ensuring consistent high traffic volume. Its strategic placement offers unparalleled visibility and accessibility. The property's proximity to major thoroughfares further enhances its appeal. Specifically, it's situated only one block from I-20 and two blocks from the Shreveport Police Department, providing easy access for both customers and employees. This presents a unique chance for an entrepreneur to establish a thriving independent convenience store or explore other retail ventures. The building's previous use as a convenience store provides a solid foundation for a quick and efficient transition. The property's location within Caddo Parish, Louisiana, offers a strong market for retail businesses. This is a rare opportunity to acquire a well-positioned retail space in a high-demand area of Shreveport. The asking price reflects the significant potential for return on investment. Serious inquiries are encouraged.

    Property Features for 1417 Fairfield Ave

    General Information

    Property type
    Individual retail properties

    HighLights

    • $225,000 corner lot retail space at 1417 Fairfield Ave, Shreveport, LA 71101.
    • High‑traffic location one block from Ochsner LSU St. Mary's Hospital.
    • Excellent visibility and accessibility, one block from I‑20 and two blocks from the Shreveport Police Department.
    • Former convenience store, ideal for quick conversion to similar use or other retail ventures.
    • Strong retail market in Caddo Parish, Louisiana, offering high ROI potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage 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 Parish
    State
    Louisiana
    Longitude
    -93.7520577
    Latitude
    32.4984544

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic corner location, great potential.
    Where is this individual retail property located?
    The property is located at 1417 Fairfield Ave Shreveport, LA.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: $225,000 corner lot retail space at 1417 Fairfield Ave, Shreveport, LA 71101.; High-traffic location one block from Ochsner LSU St. Mary's Hospital.; Excellent visibility and accessibility, one block from I-20 and two blocks from the Shreveport Police Department.
    Request Owner's contact information
    1417 Fairfield Ave Shreveport, LA 71101
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    Shreveport, LA 71101
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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
    1417 Fairfield Ave Shreveport, LA 71101
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