0 Greenwood Rd Greenwood, LA 71033
This exceptional 5.28-acre commercial land parcel presents a unique investment opportunity in Greenwood, Louisiana. Strategically located on the hard corner of I-20 East at Greenwood Road, this property boasts significant visibility and accessibility within the Shreveport-Bossier City market. The site offers approximately 475 feet of frontage along the I-20 East exit ramp, with a total exit ramp frontage of approximately 780 feet. The property consists of two parcels, totaling 5.28 acres, as documented by the APN 171624007000500. Its location in Caddo Parish, Louisiana, zip code 71033, provides easy access to major transportation routes. The asking price is $245,000, representing an excellent value proposition, considering a recent appraisal significantly exceeding this amount. This high-visibility location is ideal for businesses seeking maximum exposure to a substantial traffic volume. The property's size and location make it suitable for a wide range of commercial developments.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.