0 Obie St. At Millicent Way Shreveport, LA 71115
This exceptional 4-acre commercial development site, located at the intersection of Obie Street and Millicent Way in Shreveport, Louisiana, presents a unique investment opportunity. Zoned B-3, this property offers significant potential for a variety of commercial uses. The asking price is $2,090,880, translating to $12 per square foot. The site boasts a highly desirable location in Southeast Shreveport, benefiting from exceptional visibility and accessibility. Daily traffic counts at the nearby intersection of Millicent Way and Bert Kouns Industrial Loop exceed 52,287 vehicles, ensuring high exposure for any development. The property's proximity to Tinseltown USA further enhances its appeal. The land is available for sale as a whole or can be subdivided to accommodate smaller projects. This build-to-suit opportunity allows for flexibility in design and development, catering to a wide range of commercial ventures. The Caddo County location, with APN 171331001002700, and zip code 71115, provides easy access to major transportation routes and amenities. This is an ideal location for businesses seeking high visibility and strong traffic flow in a thriving commercial area. Don't miss this chance to acquire a prime piece of Shreveport real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.