Tract 1 Innovation Dr Bossier City, LA 71111
- Land
Current Use by Public Records
- Land
Property Details for Tract 1 Innovation Dr
- Property type
- Land
Description
This exceptional commercial land offering presents a unique investment opportunity in Bossier City, Louisiana. Located on Innovation Drive, Tract 1 encompasses approximately 7 acres, while Tract 2 offers roughly 9 acres. Pricing is competitive, ranging from $13 to $15 per square foot for Tract 1 and $9 to $12 per square foot for Tract 2, with pricing dependent on the specific size and location within the tract. The property is zoned R-A, allowing for a variety of commercial uses. Its strategic location offers significant advantages, situated near a primary retail corridor, major hospitals, and prominent auto dealerships. This prime location makes it exceptionally well-suited for hospitality ventures, retail developments, or freestanding commercial buildings. The area is experiencing substantial residential growth, further enhancing the property's long-term value. High traffic counts are also a key feature, with approximately 27,900 vehicles per day traversing Airline Drive and Innovation Drive. Additional acreage may be available for purchase, providing flexibility for larger-scale projects. This is an exceptional opportunity to acquire land in a thriving and rapidly developing area of Bossier City.
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
- Bossier City
- County
- Bossier Parish
- State
- Louisiana
- Longitude
- -93.7001
- Latitude
- 32.5648
