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    161 Freestate Blvd Shreveport, LA 71107

    Sponsored
    For Sale
    $1,250,000

    Prime QSR location near new Amazon facility.

    Property size:
    2,390 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This vacant 2,390 square foot quick-service restaurant building presents a compelling redevelopment opportunity in Shreveport, Louisiana. Located on a 0.6-acre lot at 161 Freestate Blvd, this property boasts convenient access from North Market Street (State Highway 1), a major thoroughfare with daily traffic counts ranging from 24,000 to 33,000 vehicles. Its proximity to the approximately 3 million square foot Amazon Robotic Fulfillment Center, slated to open in August 2024, offers significant potential for increased customer traffic and revenue. Built in 2013, the building features a single drive-through window and a compact dining area, making it ideal for conversion into a streamlined drive-through or take-out concept. The existing fixtures, furniture, and equipment (FF&E) are largely intact, allowing for a relatively quick turnaround time of approximately 60 days from purchase to operation. This property offers a lower capital investment compared to larger or older QSR properties currently on the market, representing a cost-effective entry point for new operators seeking a prime location in a high-traffic area. The Caddo Parish location, with its address in the 71107 zip code, provides easy access to a growing customer base. This owner/user investment opportunity is priced at $1,250,000, translating to $523.01 per square foot.

    Property Features for 161 Freestate Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    2,390 SF
    Lot Size
    26,136 SF

    Building Details

    Year Built
    2013

    HighLights

    • $1,250,000 asking price for a vacant 2,390 SF retail restaurant building.
    • Located at 161 Freestate Blvd, Shreveport, LA 71107, on a 0.6‑acre lot.
    • 2013‑built building with a single drive‑through window, suitable for redevelopment as a quick‑service restaurant (QSR).
    • High traffic count location near a new Amazon fulfillment center, offering strong potential for sales.
    • Property features existing fixtures, fittings, and equipment (FF&E), allowing for a quick turnaround.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.7674969
    Latitude
    32.5344417

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    FAQs

    What type of property is this?
    Restaurant - Prime QSR location near new Amazon facility.
    Where is this restaurant located?
    The property is located at 161 Freestate Blvd Shreveport, LA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price for a vacant 2,390 SF retail restaurant building.; Located at 161 Freestate Blvd, Shreveport, LA 71107, on a 0.6-acre lot.; 2013-built building with a single drive-through window, suitable for redevelopment as a quick-service restaurant (QSR).
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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
    161 Freestate Blvd Shreveport, LA 71107
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