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    911 Ravendale Dr Shreveport, LA 71107

    Sponsored
    For Sale
    $1,015,819

    11.66 Acres, I-220 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 11.66-acre commercial land parcel presents a unique investment opportunity in Shreveport, Louisiana. Strategically located at 911 Ravendale Drive, the property boasts 460 feet of frontage on Interstate 220, a major thoroughfare with a daily traffic count of 41,648 vehicles at its intersection with North Market Street. The site is zoned C-3, allowing for a variety of commercial and potentially residential development options. The asking price is $1,015,819, translating to $87,120 per acre. The land itself (APN 181410025005600) is attractively wooded, with underbrush already cleared, ensuring excellent visibility from I-220 and minimizing site preparation costs. This high-traffic location offers unparalleled exposure for any commercial venture, making it ideal for businesses seeking maximum visibility and accessibility. The property's size and zoning provide ample flexibility for a wide range of development projects, catering to diverse business needs and maximizing return on investment. This is a rare opportunity to acquire a significant commercial land holding in a prime Shreveport location with exceptional visibility and access to major transportation arteries. Serious inquiries are encouraged.

    Property Features for 911 Ravendale Dr

    General Information

    Property type
    Land
    Lot Size
    507,910 SF

    HighLights

    • High‑traffic corner lot at I‑220 and Highway 1 intersection.
    • Cleared wooded lot.
    • Excellent I‑220 visibility.
    • 41,648 vehicles per day on I‑220 at North Market Street.
    • Suitable for commercial or residential development.
    • 460 feet of I‑220 frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dear ABA Consultant Ray Of Light Behavioral ... Child Care Agency

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.7795693
    Latitude
    32.5580335

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    FAQs

    What type of property is this?
    Land - 11.66 Acres, I-220 Frontage
    Where is this land located?
    The property is located at 911 Ravendale Dr Shreveport, LA.
    What is the asking price?
    The asking price for this property is $1,015,819.
    What are key features of this property?
    This property features: High-traffic corner lot at I-220 and Highway 1 intersection.; Cleared wooded lot.; Excellent I-220 visibility.
    (318) 347-6371
    Request Owner's contact information
    911 Ravendale Dr 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
    911 Ravendale Dr Shreveport, LA 71107
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