5600 Market St Shreveport, LA 71107
- Land
- 14.53 lot acres
Current Use by Public Records
- Land
Property Details for 5600 Market St
- Lot size
- 14.53 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo Parish
- State
- Louisiana
- Longitude
- -93.8325
- Latitude
- 32.5966
