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    I-220 And Lakeshore Dr Shreveport, LA 71119

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    For Sale
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    90 Acres, High-Traffic Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 90-acre commercial land parcel presents a unique investment opportunity at the northwest corner of I-220 and Lakeshore Drive in Shreveport, Louisiana (zip code 71119). Boasting 2,000 feet of frontage, this strategically located property enjoys a daily traffic count of 37,000 vehicles, ensuring high visibility and accessibility. Currently zoned R-A, the land offers considerable flexibility for a variety of development options. Potential uses include retail, commercial, multi-family residential, or light industrial developments, subject to necessary rezoning for certain uses. Utilities are readily available on-site, simplifying the development process. The property's substantial size allows for subdivision, creating opportunities for multiple development projects or tailored to individual investor needs. This prime location in Caddo Parish, Louisiana, provides excellent access to major transportation arteries and a thriving community. This is an exceptional opportunity to acquire a large tract of land in a high-growth area with significant development potential.

    Property Features for I-220 And Lakeshore Dr

    General Information

    Property type
    Land
    Lot Size
    3,920,400 SF

    HighLights

    • 90‑acre mixed‑use development site in Shreveport, LA.
    • 2,000 feet of frontage on I‑220 and Lakeshore Drive.
    • Subdividable parcel.
    • Currently zoned R‑A.
    • Potential uses include retail, commercial, multi‑family, and light industrial (rezoning may be required).
    • 37,000 vehicles per day traffic count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.8323786
    Latitude
    32.4926205

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    FAQs

    What type of property is this?
    Land - 90 Acres, High-Traffic Commercial Land
    Where is this land located?
    The property is located at I-220 And Lakeshore Dr Shreveport, LA.
    What are key features of this property?
    This property features: 90-acre mixed-use development site in Shreveport, LA.; 2,000 feet of frontage on I-220 and Lakeshore Drive.; Subdividable parcel.
    (318) 222-2244
    Request Owner's contact information
    I-220 And Lakeshore Dr Shreveport, LA 71119
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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
    I-220 And Lakeshore Dr Shreveport, LA 71119
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