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Property profile & analytics
OFF-MARKET Estimated value $620,000
Commercial land

3100 Highland Ave Shreveport, LA 71104-4440

20,192 SF
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US36-0716068
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Gallery Property Invs LLC · 14 yrs held
Gallery Property Invs LLC
since 2012
3 recorded transactions
2018
Price N/A
2012
$411,719
2010
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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