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    5240 Market St Shreveport, LA 71107

    Sponsored
    For Sale
    $160,000

    Prime Manufacturing Land, $160,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0-unit property, located at 5240 N Market in Shreveport, Louisiana, presents a unique investment opportunity in the thriving Caddo Parish area. Zoned for manufacturing and commercial use, this special-purpose land offers significant potential for diverse development projects. The asking price is $160,000. Situated on a sizable lot, the property's precise dimensions are not specified, but its strategic location in Shreveport, with coordinates 32.5938647 latitude and -93.8253057 longitude, provides easy access to major transportation routes and a robust local workforce. The property's classification as "Special Purpose" suggests its suitability for a range of industrial or commercial ventures, making it an attractive prospect for entrepreneurs and investors seeking a foothold in this dynamic market. The property is categorized as industrial land, offering a blank canvas for customized development tailored to specific business needs. Further investigation into zoning regulations and potential development restrictions is recommended to fully assess the property's suitability for intended uses. This prime location in Shreveport, Louisiana, zip code 71107, offers a compelling opportunity for those seeking to establish or expand their business operations in a strategic and well-connected area. The absence of existing buildings allows for complete design flexibility and control over the final development.

    Property Features for 5240 Market St

    General Information

    Property type
    Manufacturing properties

    HighLights

    • $160,000 asking price.
    • Special purpose property, industrial land, with manufacturing and commercial subtypes.
    • Located at 5240 N Market, Shreveport, LA 71107.
    • Zero units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.8253057
    Latitude
    32.5938647

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    FAQs

    What type of property is this?
    Manufacturing property - Prime Manufacturing Land, $160,000
    Where is this manufacturing property located?
    The property is located at 5240 Market St Shreveport, LA.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: $160,000 asking price.; Special purpose property, industrial land, with manufacturing and commercial subtypes.; Located at 5240 N Market, Shreveport, LA 71107.
    Request Owner's contact information
    5240 Market St 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
    5240 Market St Shreveport, LA 71107
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