Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Obie St. At Millicent Way Shreveport, LA 71115

    For Sale
    $2,090,880

    Prime 4-acre development site in Shreveport, LA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4-acre commercial development site, located at the intersection of Obie Street and Millicent Way in Shreveport, Louisiana, presents a unique investment opportunity. Zoned B-3, this property offers significant potential for a variety of commercial uses. The asking price is $2,090,880, translating to $12 per square foot. The site boasts a highly desirable location in Southeast Shreveport, benefiting from exceptional visibility and accessibility. Daily traffic counts at the nearby intersection of Millicent Way and Bert Kouns Industrial Loop exceed 52,287 vehicles, ensuring high exposure for any development. The property's proximity to Tinseltown USA further enhances its appeal. The land is available for sale as a whole or can be subdivided to accommodate smaller projects. This build-to-suit opportunity allows for flexibility in design and development, catering to a wide range of commercial ventures. The Caddo County location, with APN 171331001002700, and zip code 71115, provides easy access to major transportation routes and amenities. This is an ideal location for businesses seeking high visibility and strong traffic flow in a thriving commercial area. Don't miss this chance to acquire a prime piece of Shreveport real estate.

    Property Features for 0 Obie St. At Millicent Way

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • Asking Price: $12.00 PSF.
    • Great Southeast Shreveport location.
    • High traffic count: 52,287 vehicles daily at nearby intersection.
    • 4+/- acre commercial development site.
    • Subdividable parcels available.
    • B‑3 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.710101
    Latitude
    32.424754

    Nearby Similar for Sale

    • $799,900
      0.28 Acres

      Shreveport Nightclub and Event Venue

      Turn-key nightclub and event venue in downtown Shreveport.
      1605 Marshall St, Shreveport, LA 71101
      View Details
    • $2,657,500
      1.83 Acres

      Equipped Auto Repair Facility

      Turnkey auto repair facility with lifts and updated features.
      1033 W 70Th St, Shreveport, LA 71106
      View Details
    • $395,000
      0.48 Acres

      Versatile Office Building, Shreveport, LA

      Commercial office building suitable for medical, dental, or professional use.
      672 West Bert Kouns Industrial Loop, Shreveport, LA 71118
      View Details
    • $90,000
      0.36 Acres

      Shreveport Retail with Two Buildings

      Commercial lot with two buildings ready for immediate use.
      2818 Greenwood Rd, Shreveport, LA 71109
      View Details
    • $675,000
      1.88 Acres

      High-Visibility Retail Opportunity in Shreveport

      Versatile commercial building with high traffic and convenient access.
      1837 N Market St, Shreveport, LA 71107
      View Details
    • $249,900
      0.30 Acres

      Remodeled Commercial Property on Corner

      Modern, adaptable commercial space with high visibility and accessibility.
      9099 Mansfield Rd, Shreveport, LA 71118
      View Details

    FAQs

    What type of property is this?
    Land - Prime 4-acre development site in Shreveport, LA.
    Where is this land located?
    The property is located at Obie St. At Millicent Way Shreveport, LA.
    What is the asking price?
    The asking price for this property is $2,090,880.
    What are key features of this property?
    This property features: Asking Price: $12.00 PSF.; Great Southeast Shreveport location.; High traffic count: 52,287 vehicles daily at nearby intersection.
    (318) 222-2244
    Request Owner's contact information
    Obie St. At Millicent Way Shreveport, LA 71115
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Obie St. At Millicent Way
    Shreveport, LA 71115
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Obie St. At Millicent Way Shreveport, LA 71115
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.