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    5550 Stratmore Cir Shreveport, LA 71106

    Sponsored
    For Sale
    $2,090,880

    4 Acres, High Traffic, Build-to-Suit

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 4-acre commercial land parcel presents a remarkable investment opportunity in a high-traffic area of Southeast Shreveport, Louisiana. Located at 5550 Stratmore, Shreveport, LA 71106, this property boasts an advantageous location directly in front of Tinseltown, ensuring high visibility and accessibility. The asking price is $2,090,880, translating to $522,720 per acre. The land is zoned B-3, offering flexibility for a variety of commercial developments. With a daily traffic count of 52,287 vehicles at the nearby intersection of Millicent and Bert Kouns, this site guarantees significant exposure to potential customers. The property is suitable for build-to-suit projects, accommodating customized development plans to meet specific business needs. The average rent per square foot in the area is $12. Additional zoning includes R-1-7. The seller is open to subdividing the land to accommodate smaller development projects. This prime location and flexible zoning make this an unparalleled opportunity for investors seeking high-impact commercial development in a thriving Shreveport market. The property is conveniently located in Caddo County.

    Property Features for 5550 Stratmore Cir

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • Asking Price: $2,090,880 ($522,720/acre)
    • Great Southeast Shreveport Location, adjacent to Tinseltown
    • High Traffic Count: 52,287 vehicles daily at nearby intersection
    • 4+/- Acres Available
    • Will Subdivide
    • B‑3 Zoning (with R‑1‑7 inclusion)
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.696964
    Latitude
    32.4144999

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    FAQs

    What type of property is this?
    Land - 4 Acres, High Traffic, Build-to-Suit
    Where is this land located?
    The property is located at 5550 Stratmore Cir Shreveport, LA.
    What is the asking price?
    The asking price for this property is $2,090,880.
    What are key features of this property?
    This property features: Asking Price: $2,090,880 ($522,720/acre); Great Southeast Shreveport Location, adjacent to Tinseltown; High Traffic Count: 52,287 vehicles daily at nearby intersection
    (318) 222-2244
    Request Owner's contact information
    5550 Stratmore Cir Shreveport, LA 71106
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    Shreveport, LA 71106
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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
    5550 Stratmore Cir Shreveport, LA 71106
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