For Sale
1 / 5
Property summary
This vacant 2,390 square foot quick-service restaurant building presents a compelling redevelopment opportunity in Shreveport, Louisiana. Located on a 0.6-acre lot at 161 Freestate Blvd, this property boasts convenient access from North Market Street (State Highway 1), a major thoroughfare with daily traffic counts ranging from 24,000 to 33,000 vehicles. Its proximity to the approximately 3 million square foot Amazon Robotic Fulfillment Center, slated to open in August 2024, offers significant potential for increased customer traffic and revenue. Built in 2013, the building features a single drive-through window and a compact dining area, making it ideal for conversion into a streamlined drive-through or take-out concept. The existing fixtures, furniture, and equipment (FF&E) are largely intact, allowing for a relatively quick turnaround time of approximately 60 days from purchase to operation. This property offers a lower capital investment compared to larger or older QSR properties currently on the market, representing a cost-effective entry point for new operators seeking a prime location in a high-traffic area. The Caddo Parish location, with its address in the 71107 zip code, provides easy access to a growing customer base. This owner/user investment opportunity is priced at $1,250,000, translating to $523.01 per square foot.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Shreveport market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.