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    OFF-MARKET
    Land

    2800 Hearne Ave, Shreveport, LA 71107

    21.42 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 21.42-acre property presents a unique development opportunity in Northwest Shreveport, Louisiana. Ideally situated on N. Hearne Avenue (LA 3094), this mostly cleared and level land boasts 747 feet of frontage, ensuring excellent visibility and accessibility. Its convenient location offers quick access to Downtown Shreveport's Central Business District (within 1 mile), I-220 (1.75 miles), and I-20 (2.5 miles), making it easily accessible to all areas of the city and surrounding regions. The property benefits from existing infrastructure, including a 20-inch city water main on the west side and a 42-inch sanitary sewer main on the east side of N. Hearne Avenue. Further enhancing its value, a producing oil/gas well is located on the rear half of the property. The land's elevation has been previously raised with fill dirt. Zoned R-A (Residential-Agricultural), this versatile parcel offers significant potential for various residential and agricultural developments. The asking price is $429,000, translating to $20,028 per acre. Minerals are not included in the sale. This is a rare opportunity to acquire a substantial, well-located parcel within the Shreveport city limits.

    Property profile
    Verified
    Property type Land
    Lot 21.42 ac (933,055 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Greenwood Acres Full Gospel Church
    • WK Neurosurgical Associates Physician Medical Clinic
    • Dr. Marco A. Ramos, MD Physician
    • Willis Knighton Health Human Resources Employment Agency Business Service Center
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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