Property profile

0 70Th St Shreveport, LA 71106

OFF-MARKET
Retail properties & Spaces
50.86 ac lot
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Property summary

AI-generated overview

This exceptional 50.86-acre parcel presents a unique development opportunity in Shreveport, Louisiana. Located in Caddo Parish, the property boasts significant frontage on West 70th Street (960 feet between Ivan Smith Furniture and Bewley's Furniture), Courtesy Lane (1,016 feet), and West 62nd Street (618 feet). The land is zoned R-3, offering versatility for a wide range of projects, including residential, industrial, mobile home parks, self-storage facilities, multi-family dwellings, office buildings, retail spaces, retail pads, and hospitality ventures. The asking price is $1,107,730, translating to a land value of $0.50 per square foot. The property's address is W 70th St, Shreveport, LA 71106, and its APN is 171423000019800. This expansive tract presents a compelling investment prospect for developers seeking to capitalize on Shreveport's growth potential. Its strategic location and flexible zoning make it ideal for a variety of uses, promising substantial returns. The significant road frontage provides excellent visibility and accessibility, further enhancing its appeal. Serious inquiries are encouraged to explore the possibilities of this remarkable development site.

Property profile

Verified
Property type Retail properties & Spaces
Lot 50.86 ac (2,215,462 SF)

Cap rate & NOI

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

Location

70Th St Shreveport, LA 71106
Shreveport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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