5550 Stratmore Cir Shreveport, LA 71106
- Land
- 4.00 lot acres
Current Use by Public Records
- Land
Property Details for 5550 Stratmore Cir
- Lot size
- 4.00 lot acres
- Property type
- Land
Description
This exceptional 4-acre commercial land parcel presents a remarkable investment opportunity in a high-traffic area of Southeast Shreveport, Louisiana. Located at 5550 Stratmore, Shreveport, LA 71106, this property boasts an advantageous location directly in front of Tinseltown, ensuring high visibility and accessibility. The asking price is $2,090,880, translating to $522,720 per acre. The land is zoned B-3, offering flexibility for a variety of commercial developments. With a daily traffic count of 52,287 vehicles at the nearby intersection of Millicent and Bert Kouns, this site guarantees significant exposure to potential customers. The property is suitable for build-to-suit projects, accommodating customized development plans to meet specific business needs. The average rent per square foot in the area is $12. Additional zoning includes R-1-7. The seller is open to subdividing the land to accommodate smaller development projects. This prime location and flexible zoning make this an unparalleled opportunity for investors seeking high-impact commercial development in a thriving Shreveport market. The property is conveniently located in Caddo County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.697
- Latitude
- 32.4145