534 Texas StShreveport, LA 71101

This exceptional commercial land parcel, located at 534 Texas Street in Shreveport, Louisiana, 71101, presents a lucrative investment opportunity. The property, identified as a downtown Shreveport parking lot, is currently leased to Douglas Parking, generating a stable annual rental income of $18,000. Its strategic location directly across from the Caddo Parish Courthouse ensures high traffic and visibility, making it an ideal investment for continued rental income or potential redevelopment. The 0.22-acre lot offers significant potential for future growth and development within the vibrant Shreveport city center. The asking price for this prime commercial land is $325,000. This represents a strong return on investment considering the existing lease and the property's prime location in a high-demand area. The property's coordinates are 32.51244304843929 latitude and -93.75094119667611 longitude. Serious inquiries are encouraged. This is a rare opportunity to acquire a well-situated, income-producing property in the heart of Shreveport.