Wallace Lake Rd Shreveport, LA 71106
- Retail properties
- 5.15 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Wallace Lake Rd
- Lot size
- 5.15 lot acres
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 5.15-acre commercial property presents a remarkable investment opportunity in Shreveport, Louisiana. Located at the northwest corner of Flournoy Lucas Road and Wallace Lake Road, this strategically positioned parcel boasts significant frontage: 581 feet on Flournoy Lucas Road and 439 feet on Wallace Lake Road. The land is generally level at street grade, simplifying development. The property's zoning is R-E, offering flexibility for a wide range of commercial ventures, including hospitality, industrial, mobile home park, multi-family, office, retail, retail-pad, self-storage, or other permitted uses. The asking price is $1,073,754, translating to a land value of $208,495 per acre. The property's Assessed Parcel Number (APN) is 161307000003100. Situated in Caddo Parish, Shreveport, LA, zip code 71106, this location offers excellent visibility and accessibility. This is a rare opportunity to acquire a sizable, well-located commercial land parcel with significant development potential. The property's size and prime location make it an attractive investment for both short-term and long-term growth. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo Parish
- State
- Louisiana
- Longitude
- -93.7385
- Latitude
- 32.3661
