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Property profile

21.94 Acres Airline Dr And Wemple Rd Bossier City, LA 71111

OFF-MARKET
Land
21.94 ac lot
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Property summary

AI-generated overview

This exceptional 21.94-acre commercial land parcel presents a unique investment opportunity in Bossier City, Louisiana. Strategically located at the intersection of Airline Drive and Wemple Road, this property boasts approximately 450 feet of frontage on Airline Drive, offering unparalleled visibility and accessibility. The site is cleared, level, and wraps around the northwest corner of the intersection, providing ample space for development. Zoned B-3, the property is ideally suited for a wide range of commercial uses, including grocery stores, big-box retailers, restaurants, mixed-use developments, and more. Its prime location, just two miles north of the Airline Drive and I-220 interchange, ensures high traffic volume, with a recorded 26,826 vehicles per day (as of January 2023). The property is surrounded by mid-to-high-income residential areas, providing a strong customer base. The land is available for purchase at a price per square foot ranging from $8 to $21, depending on the size and location of the acquired parcel. The property's size and zoning allow for potential subdivision, offering flexibility for various development scenarios. This is a rare opportunity to acquire a significant commercial land holding in a thriving Louisiana market. The APN is SL77 0001.

Property profile

Verified
Property type Land
Lot 21.94 ac (955,706 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21.94 Acres Airline Dr And Wemple Rd Bossier City, LA 71111
Bossier City metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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