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Property profile

0 Provenance Pl Blvd @ Southern Loop Shreveport, LA 71106

OFF-MARKET
Retail properties & Spaces
5,253 SF 1 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Shreveport, Louisiana's thriving Provenance development. Located at the intersection of Provenance Place Boulevard and Southern Loop, this property boasts a highly desirable location just one mile east of the I-49 interchange, providing excellent accessibility and visibility. The site encompasses between one and five acres of vacant land, zoned R-2(PUD), and is ideal for a variety of commercial uses including retail, professional office, medical, or dental practices. With a total buildable area of 5,253 square feet, the property offers significant potential for development. The surrounding area demonstrates a strong demographic profile, boasting an average household income exceeding $172,986 within a one-mile radius, indicating a high-spending consumer base. This prime location within the established Provenance Traditional Neighborhood Development ensures a vibrant and attractive setting for any commercial venture. The sale price is $14.00 per square foot, representing a compelling value proposition given the property's location, zoning, and potential. This is a rare opportunity to acquire a strategically positioned commercial parcel in a rapidly growing area of Shreveport. Don't miss this chance to capitalize on the significant potential of this exceptional property.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,253 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Provenance Pl Blvd @ Southern Loop Shreveport, LA 71106
Shreveport metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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