6915 70Th St Shreveport, LA 71129
- Commercial real estate
- 2,500 SF
- 5.82 lot acres
Current Use by Public Records
- Lincoln Memorial Park / Cemetery
- Fufus tire shop / Home Goods Store
Property Details for 6915 70Th St
- Year built
- 2015
- Construction
- METAL FRAME
- Lot size
- 5.82 lot acres
- Property size
- 2,500 SF
- Property type
- Commercial real estate
- APN
- 171527-002-0159-00
- APU
- 171527002015900
Description
This exceptional 1.8-acre parcel of land, located at 6915 W 70th Street in Shreveport, Louisiana, presents a compelling investment opportunity. Situated in Caddo Parish, the property boasts a convenient location with easy access to key transportation routes (specific details not provided). The land is zoned for both commercial and industrial uses, offering significant flexibility for a wide range of development projects. With a total asking price of $249,000, this translates to a price per acre of $138,333, representing a strong value proposition in the current market. The property's Assessed Parcel Number (APN) is 171527002015900. This expansive lot provides ample space for various ventures, from warehousing and distribution centers to light manufacturing facilities or other commercial enterprises. Prospective buyers are encouraged to conduct their own due diligence to determine the suitability of the land for their specific needs and to explore potential development opportunities. The property is ready for immediate development, making it an attractive option for investors seeking a quick return on their investment. Further details regarding zoning regulations and potential development restrictions are available through the appropriate Caddo Parish authorities. This is a rare opportunity to acquire a significant land parcel in a desirable Shreveport location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $195,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $135,000
- 6.5%
- $140,000
- 7%
- $140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $125,000
- Geo Method
- $145,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $125,000
- Retail
- $115,000
- Mixed-Use
- $120,000
- Hospitality
- $115,000
- Educational
- $150,000
- Residential Income
- $155,000
- Energy
- $150,000
- Income-Based Land
- $125,000
- Food Service
- $125,000
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.8944
- Latitude
- 32.4415
- CBSA code
- 43340
- CBSA name
- SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA
