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    Southern Loop & Wallace Lk Rd Shreveport, LA 71106

    For Sale
    Contact for pricing

    Prime 88-acre commercial tract in Shreveport, LA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 88-acre commercial land parcel presents a unique investment opportunity in Shreveport, Louisiana. Strategically located at the southeast corner of Southern Loop and Wallace Lake Road, this property boasts significant frontage: 1,158 feet along Southern Loop and 2,632 feet along Wallace Lake Road. Its convenient location on the "going home" side of Southern Loop, just off the I-49 exit, makes it highly accessible. The property is zoned RA and offers tremendous potential for a variety of commercial developments. Imagine a thriving lifestyle center, a grocery-anchored retail complex, medical facilities, professional offices, restaurants, or a combination thereof. The recent sale of 15 adjacent acres to Willis-Knighton Health System underscores the area's strong growth and desirability. A signalized intersection light has been installed for enhanced visibility and traffic flow, further enhancing the property's appeal. With its substantial size and prime location, this 88-acre tract represents a rare chance to acquire a significant piece of Shreveport's commercial landscape. The land value ranges from $2 to $20 per square foot. The APN is 161330000000200. This property is situated in Caddo Parish, Shreveport, LA, 71106.

    Property Features for 0 Southern Loop & Wallace Lk Rd

    General Information

    Property type
    Land
    Lot Size
    3,833,280 SF

    HighLights

    • 88‑acre commercial land parcel in Shreveport, LA.
    • Located at the southeast corner of Southern Loop and Wallace Lake Road, with 1,158' of frontage on Southern Loop and 2,632' on Wallace Lake Road.
    • Zoned RA.
    • Land price: $2 - $20/SF.
    • APN: 161330000000200.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.7385265
    Latitude
    32.3550771

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    FAQs

    What type of property is this?
    Land - Prime 88-acre commercial tract in Shreveport, LA
    Where is this land located?
    The property is located at Southern Loop & Wallace Lk Rd Shreveport, LA.
    What are key features of this property?
    This property features: 88-acre commercial land parcel in Shreveport, LA.; Located at the southeast corner of Southern Loop and Wallace Lake Road, with 1,158' of frontage on Southern Loop and 2,632' on Wallace Lake Road.; Zoned RA.
    (318) 636-8500
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    Southern Loop & Wallace Lk Rd 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
    Southern Loop & Wallace Lk Rd Shreveport, LA 71106
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