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    OFF-MARKET
    Retail properties & Spaces

    @ Flournoy Lucas Ellerbe Rd, Shreveport, LA 71106

    16.4 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 16.4-acre property, located at the southwest quadrant of Ellerbe Road and Flournoy Lucas Road (LA 523) in Shreveport, Louisiana, presents a significant investment opportunity. Zoned R-E & R-1-7, this land offers versatile development potential for a variety of uses, including agricultural, industrial, hospitality, mobile home park, self-storage, multi-family, office, and retail. The property's expansive size and strategic location make it ideal for large-scale projects. The asking price is $2,000,275, translating to a compelling price per acre of $121,967. The Caddo County parcel, APN 161308000004300, offers significant potential for developers seeking a substantial land holding in a rapidly growing area. This is a rare opportunity to acquire a large tract of land with diverse development possibilities in a desirable Shreveport location. The property's address is Ellerbe Rd. @ Flournoy Lucas, Shreveport, LA 71106. Its coordinates are latitude 32.3946377 and longitude -93.725377.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 16.4 ac (714,384 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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