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    3707 Lakeshore Dr Shreveport, LA 71109

    • Commercial real estate
    • 44,972 SF
    For Sale
    View listing
    $2,200,000
    Value Estimation
    Last Sale
    Mar 05, 2020
    $855,000
    Location Intelligence
    Property ID
    US36-0359598
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Advance Tax / Tax Preparation / Tax Preparation Service

    Property Details for 3707 Lakeshore Dr

    Construction
    BRICK
    Property size
    44,972 SF
    Property type
    Commercial real estate
    APN
    171404-009-0001-00
    APU
    171404009000100

    Description

    This exceptional investment opportunity presents a multi-unit retail strip center ideally situated on the corner of Jewella Ave and Lakeshore Drive in Shreveport, Louisiana. The property boasts a substantial 44,972 square feet of leasable space spread across a generous 2.98-acre lot. Currently, the center houses a diverse range of tenants including a grocery store, a furniture store (Gitana Furniture), a salon, a barbershop, a church, a copy shop, and a coffee shop. Three vacant units are available, presenting immediate potential for increased revenue. The property features ample concrete parking and sidewalks, ensuring convenient access for customers and tenants. Key features for the grocery store include loading docks and a sprinkler system. The strategic corner location on a busy intersection guarantees high visibility and significant foot traffic, making this a prime retail investment. The property's size and existing tenant mix offer a strong foundation for future growth and profitability. Further details will be available shortly. This is a rare opportunity to acquire a well-established, high-traffic retail center in a thriving Shreveport location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $780,000

    • CAP approach

      CAP return
      Estimation
      6%
      $900,000
      6.5%
      $835,000
      7%
      $885,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $920,000
      Geo Method
      $885,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $825,000
      Retail
      $960,000
      Mixed-Use
      $915,000
      Hospitality
      $990,000
      Educational
      $880,000
      Residential Income
      $890,000
      Energy
      $845,000
      Income-Based Land
      $770,000
      Food Service
      $860,000

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.7982
    Latitude
    32.4922
    CBSA code
    43340
    CBSA name
    SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,362
    $17,945
    $28,245
    $46,190
    -
    $179,448
    $188,300
    $367,748

    Comparable in this City

    • Value Estimation by Request
      10 SF

      4430 Greenwood Rd

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      4430 Greenwood Rd, Shreveport, LA 71109-5612
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    • Value Estimation by Request
      2,300 SF

      4123 Greenwood Rd

      COMMERCIAL (GENERAL) • 2,300 SF
      4123 Greenwood Rd, Shreveport, LA 71109-6412
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    • Value Estimation by Request
      3,189 SF

      2818 Greenwood Rd

      COMMERCIAL (GENERAL) • 3,189 SF
      2818 Greenwood Rd, Shreveport, LA 71109-4637
      View Details
    • Value Estimation by Request
      1,440 SF

      4315 Lakeshore Dr

      COMMERCIAL (GENERAL) • 1,440 SF
      4315 Lakeshore Dr, Shreveport, LA 71109-3103
      View Details
    • Value Estimation by Request
      589 SF

      2734 Lakeshore Dr

      COMMERCIAL (GENERAL) • 589 SF
      2734 Lakeshore Dr, Shreveport, LA 71109-2312
      View Details
    • Value Estimation by Request
      6,411 SF

      3958 Lakeshore Dr

      COMMERCIAL (GENERAL) • 6,411 SF
      3958 Lakeshore Dr, Shreveport, LA 71109-1943
      View Details

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    Similar Nearby for Lease

    • $3,500 /Mo

      Retail Space on Jewella Avenue

      Retail space available for lease on Jewella Avenue.
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      View Details
    • $1,800 /Mo

      Retail Space in Shreveport, LA

      Retail space suitable for a hair salon in Shreveport.
      3707 Lakeshore Dr, Shreveport, LA 71109
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    • $8 SF/Yr
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    Shreveport, LA 71109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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