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    John Petterway Jr. Blvd Shreveport, LA 71129

    Sponsored
    For Sale
    $430,360

    8.99 Acres, I-20 Access, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This 8.99-acre industrial land parcel in Shreveport, Louisiana, presents a compelling investment opportunity. Located in Caddo Parish, near the Shreveport Business Park (formerly the General Motors plant), this mostly cleared site offers convenient access to I-20, a key transportation artery. The area boasts significant growth, with major companies like Hyundai-Clovis and Schlumberger Technology Corporation (opening a 1.0 million square foot facility in 2024) already established. General Electric's ongoing multi-million dollar expansion of its transformer manufacturing facility further underscores the region's industrial momentum. This property's strategic location provides easy access to the entire Shreveport-Bossier City market and the broader Ark-La-Tex region, making it ideal for owner-users or investors seeking a strong foothold in a thriving industrial sector. The site's proximity to I-20 and the increased trucking activity supporting the expanding manufacturing base also presents potential for development as a truck parking facility. The asking price for this exceptional property is $430,360. The address is 0 John Petterway Jr. Boulevard, Shreveport, LA 71129.

    Property Features for 0 John Petterway Jr. Blvd

    General Information

    Property type
    Land
    Lot Size
    391,604 SF

    HighLights

    • 8.99‑acre industrial land parcel in Shreveport, LA.
    • Located near Shreveport Business Park and I‑20.
    • Strong industrial growth in the area with major companies like Hyundai‑Clovis and Schlumberger.
    • Excellent access to Shreveport‑Bossier City and Ark‑La‑Tex region.
    • Asking price: $430,360. Address: 0 John Petterway Jr. Boulevard, Shreveport, LA 71129.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.924678146919
    Latitude
    32.431970302738

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    FAQs

    What type of property is this?
    Land - 8.99 Acres, I-20 Access, Prime Location
    Where is this land located?
    The property is located at John Petterway Jr. Blvd Shreveport, LA.
    What is the asking price?
    The asking price for this property is $430,360.
    What are key features of this property?
    This property features: 8.99-acre industrial land parcel in Shreveport, LA.; Located near Shreveport Business Park and I-20.; Strong industrial growth in the area with major companies like Hyundai-Clovis and Schlumberger.
    Request Owner's contact information
    John Petterway Jr. Blvd Shreveport, LA 71129
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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
    John Petterway Jr. Blvd Shreveport, LA 71129
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