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    6005 Youree Dr Shreveport, LA 71105

    For Sale
    $499,000

    1.55 Acres, High Traffic, $499,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.55-acre commercial land parcel is ideally situated at 6005 Youree Drive in Shreveport, Louisiana, within Caddo County, zip code 71105. Offered at $499,000, this property presents a compelling investment opportunity due to its high visibility and accessibility. The lot is generally level with street-grade access, simplifying development and construction. A significant advantage is the high daily traffic count of approximately 29,715 cars, ensuring substantial exposure for any commercial venture. All public utilities are readily available at the site, eliminating the need for extensive infrastructure development. This prime location in Shreveport offers excellent potential for a variety of commercial uses, making it an attractive proposition for developers and investors seeking a strategic foothold in a bustling area. The property's size and location combine to create a unique opportunity for significant return on investment. The coordinates are 32.4525688 latitude and -93.7212097 longitude.

    Property Features for 6005 Youree Dr

    General Information

    Property type
    Land
    Lot Size
    67,518 SF

    HighLights

    • 1.55‑acre land parcel
    • High traffic count: 29,715 cars per day
    • Level site at street grade
    • Full public utilities available
    • Asking price: $499,000
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Smalls Sliders Hamburger Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    State
    Louisiana
    Longitude
    -93.7212097
    Latitude
    32.4525688

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    FAQs

    What type of property is this?
    Land - 1.55 Acres, High Traffic, $499,000
    Where is this land located?
    The property is located at 6005 Youree Dr Shreveport, LA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 1.55-acre land parcel; High traffic count: 29,715 cars per day; Level site at street grade
    (318) 222-2244
    Request Owner's contact information
    6005 Youree Dr Shreveport, LA 71105
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    Shreveport, LA 71105
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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
    6005 Youree Dr Shreveport, LA 71105
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