Wallace Lake Rd Shreveport, LA 71106

Property Details for 0 Wallace Lake Rd

Lot size

1.00 lot acres

Property type

Land

Description

This exceptional property offers up to 88 acres of developable land, a significant portion of a larger 103-acre tract. Situated at the northeast corner of Southern Loop and Wallace Lake Road in Shreveport, Louisiana (Caddo Parish, zip code 71106), this strategically located parcel boasts 546 feet of frontage on Southern Loop and 1,530 feet on Wallace Lake Road. The land is zoned RA and presents a unique opportunity for a variety of commercial and residential uses. Its prime location on the "going home" side of Southern Loop, conveniently accessible from I-49, makes it highly attractive for developers. The property's potential uses include a lifestyle center, grocery store, retail spaces, medical and professional buildings, and restaurants. A key advantage is the recently installed signalized light at the Southern Loop and Wallace Lake Road intersection, ensuring excellent visibility and accessibility. Note that 15 acres at the intersection have already been purchased by Willis Knighton Health System. The APN is 161330000000200. Land prices range from $2 to $20 per square foot. This is a rare opportunity to acquire a large tract of land in a rapidly growing area.