@ Flournoy Lucas Ellerbe Rd Shreveport, LA 71106

OFF-MARKET

Retail properties & Spaces

16.4 ac lot

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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 type Retail properties & Spaces

Lot 16.4 ac (714,384 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

@ Flournoy Lucas Ellerbe Rd Shreveport, LA 71106

Shreveport metro

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