0 Pines Rd Shreveport, LA 71129
This exceptional 6.33-acre commercial land parcel presents a unique investment opportunity in Shreveport, Louisiana. Located on Pines Road, this property boasts convenient access from both Pines Road and West 70th Street, offering excellent visibility and accessibility. Existing driveways are shared with a Home Depot, providing established infrastructure. The property is zoned C-3, allowing for a wide range of commercial uses. High traffic counts contribute to significant potential for business success. Specifically, the intersection of Pines Road and West 70th Street sees an average daily traffic count of 19,426 vehicles, while the intersection of Pines Road and I-20 South experiences a remarkable 37,969 vehicles daily. This strategic location ensures high visibility and accessibility for any commercial venture. The asking price for this substantial property is $1,000,000, translating to approximately $158,153 per acre. This represents a compelling value proposition for developers and investors seeking a prime location in a thriving commercial area of Shreveport, Caddo Parish, Louisiana, zip code 71129. The property's size and zoning make it suitable for a variety of commercial developments.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.