0 Ellerbe Rd Shreveport, LA 71106
This exceptional 16.404-acre commercial land parcel presents a remarkable investment opportunity in Shreveport, Louisiana. Strategically located on Ellerbe Road, directly behind a CVS Pharmacy and at the bustling intersection of Ellerbe Road and Flournoy Lucas Road, this property enjoys exceptional visibility and accessibility. Situated in Shreveport's fastest-growing area, this site is ideally suited for a wide range of commercial or residential developments. The high traffic count ensures significant exposure for any business established here. The property's size and location make it an attractive prospect for developers seeking to capitalize on the area's robust growth. Furthermore, an adjacent 40-acre parcel is also available, offering potential for larger-scale projects or expansion opportunities. The asking price for this 16.404-acre lot is $2,000,275. The property is located in Caddo Parish, Shreveport, LA, zip code 71106. Detailed information regarding zoning and development possibilities is readily available upon request. This is a rare chance to acquire a significant piece of land in a thriving Shreveport location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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