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    Roy Rd Shreveport, LA 71107

    Sponsored
    For Sale
    $795,000

    High-traffic corner lot, prime development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15-acre commercial and industrial land parcel is situated at the highly visible four-way intersection of Roy Road and Pine Hill Road in Shreveport, Louisiana (zip code 71107), within Caddo Parish. The property boasts nearly 2000 feet of road frontage, ensuring maximum visibility and accessibility for any commercial venture. Zoned Rural, this expansive lot presents a unique opportunity for developers seeking a high-traffic location in a rapidly growing area of North Shreveport. The property's strategic location offers easy access to I-49 and the North Market interchange, placing it within a 15-minute radius of both Caddo Lake and Cross Lake. The seller is willing to subdivide the land to accommodate various development plans. This prime acreage presents significant potential for a wide range of commercial and industrial uses, capitalizing on the substantial traffic volume and convenient access to major roadways and recreational areas. The asking price for this exceptional property is $795,000. This is a rare opportunity to acquire a substantial land holding in a thriving North Shreveport location.

    Property Features for 0 Roy Rd

    General Information

    Property type
    Land
    Lot Size
    653,400 SF

    HighLights

    • North Shreveport boasts significant recent growth.
    • 15‑acre tract at a high‑traffic North Shreveport intersection.
    • High traffic counts.
    • ~2000 feet of frontage on Roy and Pine Hill Roads.
    • Minutes from I‑49 and North Market interchange.
    • Easy access to Caddo and Cross Lakes (under 15 minutes).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.84524
    Latitude
    32.58502

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, prime development.
    Where is this land located?
    The property is located at Roy Rd Shreveport, LA.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: North Shreveport boasts significant recent growth.; 15-acre tract at a high-traffic North Shreveport intersection.; High traffic counts.
    Request Owner's contact information
    Roy Rd Shreveport, LA 71107
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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
    Roy Rd Shreveport, LA 71107
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