Property profile

0 Cor Of Roy Rd And Northwood Rd Shreveport, LA 71107

OFF-MARKET
Land
3.5 ac lot
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Property summary

AI-generated overview

This exceptional 3.5-acre commercial land parcel presents a remarkable investment opportunity in the thriving Blanchard, Louisiana market. Strategically located at the southwest corner of Roy Road and Northwood South Road, this level, well-drained site boasts convenient access to major transportation arteries. It's situated just 1.15 miles north of the I-49 interchange and approximately 5.45 miles north of I-220, ensuring seamless connectivity for businesses and their clientele. The property is priced at $1,222,000, translating to $8.02 per acre. Its prime location is surrounded by a mix of retail establishments, multi-family residential developments, and is in close proximity to Northwood High School, indicating a strong and diverse surrounding community. The site is served by established utilities, including Pinehill Water Works and Caddo Parish Sewerage District #7, simplifying development and operational processes. This exceptional offering presents a unique chance to capitalize on the rapid growth and strategic advantages of this highly desirable location in Caddo Parish, Louisiana, zip code 71107. The property's ideal characteristics make it suitable for a wide range of commercial ventures, promising significant returns on investment.

Property profile

Verified
Property type Land
Lot 3.5 ac (152,460 SF)

Cap rate & NOI

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

Location

Cor Of Roy Rd And Northwood Rd Shreveport, LA 71107
Shreveport metro
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Value estimations

Realmo proprietary · 4 methods
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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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