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    2800 Hearne Ave Shreveport, LA 71107

    Sponsored
    For Sale
    $429,000

    21 Acres, Prime Location, R-A Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 21.42-acre property presents a unique development opportunity in Northwest Shreveport, Louisiana. Ideally situated on N. Hearne Avenue (LA 3094), this mostly cleared and level land boasts 747 feet of frontage, ensuring excellent visibility and accessibility. Its convenient location offers quick access to Downtown Shreveport's Central Business District (within 1 mile), I-220 (1.75 miles), and I-20 (2.5 miles), making it easily accessible to all areas of the city and surrounding regions. The property benefits from existing infrastructure, including a 20-inch city water main on the west side and a 42-inch sanitary sewer main on the east side of N. Hearne Avenue. Further enhancing its value, a producing oil/gas well is located on the rear half of the property. The land's elevation has been previously raised with fill dirt. Zoned R-A (Residential-Agricultural), this versatile parcel offers significant potential for various residential and agricultural developments. The asking price is $429,000, translating to $20,028 per acre. Minerals are not included in the sale. This is a rare opportunity to acquire a substantial, well-located parcel within the Shreveport city limits.

    Property Features for 2800 Hearne Ave

    General Information

    Property type
    Multifamily properties
    Lot Size
    933,055 SF

    HighLights

    • Mostly cleared and level 21.42‑acre site.
    • 747 feet of frontage on N. Hearne Ave (LA 3094), providing excellent visibility and accessibility.
    • Convenient access to Downtown Shreveport, I‑220, and I‑20.
    • Existing 20" city water main and 42" sanitary sewer main.
    • Includes a producing oil/gas well.
    • Previously raised elevation with fill dirt.
    Property Profile Location Intelligence

    Current Use by Public Records

    Greenwood Acres Full ... Baptist Church WK Neurosurgical Associates Neurologist Dr. Marco A. Ramos, ... Neurosurgeon Willis Knighton Health ... Human Resource Consulting

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.7810137
    Latitude
    32.5136687

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    FAQs

    What type of property is this?
    Multifamily property - 21 Acres, Prime Location, R-A Zoning
    Where is this multifamily property located?
    The property is located at 2800 Hearne Ave Shreveport, LA.
    What is the asking price?
    The asking price for this property is $429,000.
    What are key features of this property?
    This property features: Mostly cleared and level 21.42-acre site.; 747 feet of frontage on N. Hearne Ave (LA 3094), providing excellent visibility and accessibility.; Convenient access to Downtown Shreveport, I-220, and I-20.
    Request Owner's contact information
    2800 Hearne Ave 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
    2800 Hearne Ave Shreveport, LA 71107
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