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    Tract 1 Innovation Dr Bossier City, LA 71111

    For Sale
    Contact for pricing

    Prime R-A zoned land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land offering presents a unique investment opportunity in Bossier City, Louisiana. Located on Innovation Drive, Tract 1 encompasses approximately 7 acres, while Tract 2 offers roughly 9 acres. Pricing is competitive, ranging from $13 to $15 per square foot for Tract 1 and $9 to $12 per square foot for Tract 2, with pricing dependent on the specific size and location within the tract. The property is zoned R-A, allowing for a variety of commercial uses. Its strategic location offers significant advantages, situated near a primary retail corridor, major hospitals, and prominent auto dealerships. This prime location makes it exceptionally well-suited for hospitality ventures, retail developments, or freestanding commercial buildings. The area is experiencing substantial residential growth, further enhancing the property's long-term value. High traffic counts are also a key feature, with approximately 27,900 vehicles per day traversing Airline Drive and Innovation Drive. Additional acreage may be available for purchase, providing flexibility for larger-scale projects. This is an exceptional opportunity to acquire land in a thriving and rapidly developing area of Bossier City.

    Property Features for Tract 1 Innovation Dr

    General Information

    Property type
    Land

    HighLights

    • 7± acre commercial land tract available for sale, priced $13-$15/sf.
    • 9± acre commercial land tract available for sale, priced $9-$12/sf.
    • Additional acreage may be available.
    • Excellent location near major retail, hospitals, and auto dealerships.
    • Suitable for hospitality, retail, or freestanding commercial development.
    • Located in a growing residential area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bossier City
    County
    Bossier Parish
    State
    Louisiana
    Longitude
    -93.700089482829
    Latitude
    32.564757643891

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    FAQs

    What type of property is this?
    Land - Prime R-A zoned land, ideal for development.
    Where is this land located?
    The property is located at Tract 1 Innovation Dr Bossier City, LA.
    What are key features of this property?
    This property features: 7± acre commercial land tract available for sale, priced $13-$15/sf.; 9± acre commercial land tract available for sale, priced $9-$12/sf.; Additional acreage may be available.
    (318) 222-2244
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    Tract 1 Innovation Dr Bossier City, LA 71111
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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
    Tract 1 Innovation Dr Bossier City, LA 71111
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