6388 70Th St Shreveport, LA 71129
This exceptional 8.58-acre commercial land parcel in Shreveport, Louisiana, presents a remarkable investment opportunity. Located at 6388 W 70th St, this property boasts a highly desirable C-3 (Commercial) zoning, allowing for a diverse range of commercial uses, including office, retail, healthcare, and potentially residential development. The land is situated on a corner lot, ensuring excellent visibility and accessibility to passing traffic. Its generally level and well-drained terrain, mostly covered in pine and hardwood timber, provides a solid foundation for construction. The property benefits from convenient access to Shreveport/Bossier City, surrounding areas, and East Texas. Furthermore, it's served by robust city utilities including 16" and 12" water mains, 6" and 10" sanitary sewer mains, AEP-SWEPCO electricity, and Center Point Energy natural gas. The asking price is $374,000, translating to $43,590 per acre. This strategically located land parcel is within an Opportunity Zone, offering potential tax advantages. The APN is 171523007001600. This is an ideal site for developers seeking a prime location with excellent infrastructure and zoning flexibility. Don't miss this chance to acquire a valuable asset in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.