Technical
Financial
Distress signals
Property profile

3100 Highland Ave Shreveport, LA 71104

OFF-MARKET
Commercial land
Property ID
US36-0716068
20,192 SF
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.4-acre commercial development site, located at 3100 Highland Ave in Shreveport, Louisiana (zip code 71104), presents a unique investment opportunity. The property, encompassing two lots (APN 171307052009900), boasts 60,380 square feet of paved land and is conveniently situated near LSU Medical School and Centenary College, within a densely populated residential area. The site features existing driveways accessible from both Kings Highway and Highland Avenue, and is screened from the surrounding historic neighborhood by an existing brick wall. Zoning is C-1 and C-2, allowing for a variety of commercial uses. Across Kings Highway, you'll find a Brookshires grocery store and a Wendy's, while neighboring properties include a dollar store recently approved for alcohol sales and historic homes. The asking price is $749,000 ($13.23/sq ft, $570,714/acre). Utilities include municipal water and sewer, along with electric, gas, storm drain, cable, and broadband access. This vacant property is ready for immediate development. The property's prime location and existing infrastructure make it an ideal site for a variety of commercial ventures. The combination of high visibility, convenient access, and established surrounding businesses creates a compelling opportunity for significant return on investment.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Total area 20,192 SF
APN 171307-052-0099-00
UPID US36-0716068

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3100 Highland Ave Shreveport, LA 71104-4440
Shreveport metro Census 21600 SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$816k
Blend (final) Blend
$620k

Owner & transaction history

since 2012
3 recorded transactions
2018
Price N/A
2012
$411,719
2010
$500,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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