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    1605 Market St Shreveport, LA 71107

    Sponsored
    For Sale
    $350,000

    1.5-acre industrial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.5-acre industrial land parcel, located at 1605 N Market Street in Shreveport, Louisiana, presents a compelling investment opportunity. Zoned I-MU (Industrial Mixed Use), this property offers significant flexibility for a variety of development projects. The asking price is $350,000, translating to $233,333 per acre. The lot boasts approximately 255 feet of frontage on North Market Street, a major thoroughfare with high traffic volume—31,227 cars per day according to 2022 data. Its strategic location provides easy access to major interstates, including I-49, I-220, and I-20, enhancing logistical efficiency and accessibility. A key advantage is its proximity to the new Amazon Fulfillment Center, located approximately 0.3 miles away, offering potential synergy and access to a robust workforce. This property in Caddo Parish, Louisiana (zip code 71107), presents a rare chance to acquire a well-situated industrial land parcel with excellent connectivity and development potential. The coordinates are 32.537333 latitude and -93.7715357 longitude.

    Property Features for 1605 Market St

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • ±1.5‑acre industrial land parcel for sale.
    • I‑MU (Industrial Mixed Use) zoning.
    • Excellent access to I‑49, I‑220, and I‑20.
    • 0.3 miles from new Amazon Fulfillment Center.
    • ±255 feet of frontage on North Market Street, high traffic area (31,227 vehicles/day).
    • $350,000 sale price.
    Property Profile Location Intelligence

    Current Use by Public Records

    John's Seafood Seafood Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.7715357
    Latitude
    32.537333

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    FAQs

    What type of property is this?
    Land - 1.5-acre industrial lot, prime location.
    Where is this land located?
    The property is located at 1605 Market St Shreveport, LA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: ±1.5-acre industrial land parcel for sale.; I-MU (Industrial Mixed Use) zoning.; Excellent access to I-49, I-220, and I-20.
    Request Owner's contact information
    1605 Market St Shreveport, LA 71107
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    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
    1605 Market St Shreveport, LA 71107
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