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    738 Flournoy Lucas Rd Shreveport, LA 71105

    Sponsored
    For Sale
    $2,200,000

    10+ Acres, B-3 Zoning, Owner Financing

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10.785-acre commercial land parcel, located at 738 E. Flournoy Lucas in Shreveport, Louisiana (zip code 71105), presents a unique investment opportunity. The property, identified by APN 161303000006600, is zoned B-3, offering a wide range of potential commercial uses. Situated at the intersection of Flournoy Lucas Road and Youree Drive, this strategically located land benefits from high visibility and convenient access. The asking price is $2,200,000, translating to $166,975 per acre. Flournoy Lucas Road has recently undergone a redesign, resulting in a four-lane thoroughfare, significantly improving traffic flow and accessibility. Adding to its appeal, the seller is willing to consider subdividing the property to accommodate specific buyer needs and offers attractive owner financing options. This makes it an ideal site for developers seeking a prime location with excellent infrastructure and flexible ownership terms. The property's size and zoning make it suitable for a variety of commercial ventures, providing significant potential for future growth and return on investment. Serious inquiries are encouraged.

    Property Features for 738 Flournoy Lucas Rd

    General Information

    Property type
    Land
    Lot Size
    469,795 SF

    HighLights

    • 10.781‑acre site at the intersection of Flournoy Lucas Road and Youree Drive.
    • B‑3 zoning.
    • Four‑lane Flournoy Lucas Road recently redesigned.
    • Subdivision available.
    • Owner financing offered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.7079745
    Latitude
    32.4545928

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    FAQs

    What type of property is this?
    Land - 10+ Acres, B-3 Zoning, Owner Financing
    Where is this land located?
    The property is located at 738 Flournoy Lucas Rd Shreveport, LA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 10.781-acre site at the intersection of Flournoy Lucas Road and Youree Drive.; B-3 zoning.; Four-lane Flournoy Lucas Road recently redesigned.
    (318) 222-2244
    Request Owner's contact information
    738 Flournoy Lucas Rd Shreveport, LA 71105
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    Shreveport, LA 71105
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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
    738 Flournoy Lucas Rd Shreveport, LA 71105
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