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    9539 Pleasant Hills Dr Shreveport, LA 71106

    Sponsored
    For Sale
    $995,500

    13 Acres, Ellerbe/Forbing Area, $995,500

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 13-acre commercial land parcel presents a unique investment opportunity in Shreveport, Louisiana's highly desirable Ellerbe/Forbing area. Located at 9539 Pleasant Hills, Shreveport, LA 71106 (APN 161318000005800), this property offers significant potential for various commercial or residential developments. The asking price is $995,500, translating to $76,576 per acre, reflecting the area's strong appreciation and limited land availability. The property's strategic location within this rapidly growing Southeast Shreveport area ensures high visibility and accessibility. Furthermore, this offering presents a compelling advantage: two adjacent tracts are also available for purchase. One tract encompasses 25 acres with direct access to Flournoy Lucas Road, while the other comprises 15 acres boasting extensive frontage on Ellerbe Road. This presents a rare chance to acquire a larger contiguous land holding in this sought-after location. This prime real estate is ideal for developers seeking to capitalize on the area's robust growth and demand for commercial and residential properties. Don't miss this opportunity to secure a significant piece of Shreveport's thriving real estate market.

    Property Features for 9539 Pleasant Hills Dr

    General Information

    Property type
    Land
    Lot Size
    566,280 SF

    HighLights

    • 13‑acre commercial land parcel in Shreveport, LA's Ellerbe/Forbing area, priced at $995,500 ($76,576/acre).
    • Located at 9539 Pleasant Hills, Shreveport, LA 71106 (APN 161318000005800).
    • High visibility and accessibility in a rapidly growing area.
    • Two adjacent tracts also available: 25 acres with Flournoy Lucas Road access and 15 acres with Ellerbe Road frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.726137
    Latitude
    32.3861009

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    FAQs

    What type of property is this?
    Land - 13 Acres, Ellerbe/Forbing Area, $995,500
    Where is this land located?
    The property is located at 9539 Pleasant Hills Dr Shreveport, LA.
    What is the asking price?
    The asking price for this property is $995,500.
    What are key features of this property?
    This property features: 13-acre commercial land parcel in Shreveport, LA's Ellerbe/Forbing area, priced at $995,500 ($76,576/acre).; Located at 9539 Pleasant Hills, Shreveport, LA 71106 (APN 161318000005800).; High visibility and accessibility in a rapidly growing area.
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    9539 Pleasant Hills Dr 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
    9539 Pleasant Hills Dr Shreveport, LA 71106
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