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    523 & Ashley Riv Rd Shreveport, LA 71106

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 523 & Ashley Riv Rd

    Property type
    Land

    Description

    This exceptional commercial land offering presents two distinct parcels ideally situated at the intersection of Flournoy Lucas Road (LA HWY 523) and Ashley River Road in Shreveport, Louisiana, within Caddo Parish, zip code 71106. The western lot encompasses 22,754 square feet, boasting approximately 140 feet of frontage along Flournoy Lucas Road, and is listed at $300,000. The eastern lot, slightly larger at 30,176 square feet, offers approximately 115 feet of frontage on Flournoy Lucas Road and is priced at $400,000. Both lots are strategically positioned for businesses requiring high visibility and accessibility. The property's location is particularly advantageous, situated east of the Sauvage Restaurant and benefiting from a dedicated servitude. This area is part of the Twelve Oaks subdivision, a 400-acre community comprising approximately 589 households with an average household income of $117,473, indicating a strong potential customer base. The property's ideal configuration makes it particularly suitable for a drive-in quick-service restaurant (QSR) or similar commercial venture. This presents a rare opportunity to acquire prime commercial land in a thriving Shreveport neighborhood.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.7594
    Latitude
    32.391

    Comparable in this City

    • Value Estimation by Request
      2.54 Acres

      Flournoy Lucas Rd

      Farms • 2.54 Acres
      0 Flournoy Lucas Rd, Shreveport, LA 71106
      View Details
    • Value Estimation by Request
      0.90 Acres

      Flournoy Lucas Rd

      Land • 0.90 Acres
      0 Flournoy Lucas Rd, Shreveport, LA 71106
      View Details
    • Value Estimation by Request
      0.64 Acres

      Bert Kouns Loop

      Land • 0.64 Acres
      0 Bert Kouns Loop, Shreveport, LA 71106
      View Details
    • Value Estimation by Request
      0.99 Acres

      Bert Kouns Loop

      Land • 0.99 Acres
      0 Bert Kouns Loop, Shreveport, LA 71106
      View Details
    • Value Estimation by Request

      Norris Ferry Rd

      Land
      0 Norris Ferry Rd, Shreveport, LA 71106
      View Details
    • Value Estimation by Request
      16.40 Acres

      Ellerbe Rd

      Land • 16.40 Acres
      0 Ellerbe Rd, Shreveport, LA 71106
      View Details

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    523 & Ashley Riv Rd
    Shreveport, LA 71106
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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
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