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    OFF-MARKET
    Land

    5600 Market St, Shreveport, LA 71107

    14.53 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 14.53-acre commercial land parcel presents a remarkable investment opportunity in the rapidly developing Shreveport MSA, specifically the Town of Blanchard. Boasting a highly visible location at the intersection of North Market Street (Highway 71) and I-49, this property offers unparalleled exposure to significant traffic volume. The site features 310 feet of frontage on North Market Street and an impressive 800 feet of frontage on I-49. Access is provided via North Forty Drive, a parish road. The property is already annexed into the Town of Blanchard and zoned for commercial use, simplifying development plans. Water and sewer services are readily available on-site. This prime location benefits from its proximity to established businesses, including a Super Walmart, Willis Knighton Clinic, a local bank, and a soon-to-be-completed Love's Truck Stop across I-49. The immediate vicinity also includes a variety of retail establishments such as McDonald's, Taco Bell, Johnny's Pizza, and Shane's Seafood. Existing curb cuts are in place, with additional Louisiana Department of Transportation and Development (LADOT) curb cuts available. The asking price is $2,532,000, with a land value of $2-3 per square foot. The Caddo Parish APN is 191431000026500. This is a rare opportunity to acquire a strategically located commercial tract in a high-growth area.

    Property profile
    Verified
    Property type Land
    Lot 14.53 ac (632,927 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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