4943 Monkhouse Dr, Shreveport, LA 71109

Property Details for 4943 Monkhouse Dr

Lot size

4.38 lot acres

Property type

Commercial real estate

APN

S37 000006 000

Description

This exceptional 4.38-acre commercial land parcel in Shreveport, Louisiana, presents a compelling redevelopment opportunity. Located directly off I-20, exit 13, this property boasts over 584 feet of frontage along the interstate, providing unparalleled visibility and accessibility. The site comprises two parcels, including a vacant, non-functional former hotel, offering a blank canvas for a variety of commercial ventures. Its strategic location near the Shreveport Regional Airport (Louisiana's third busiest airport), less than half a mile away, ensures high traffic volume and convenient access for businesses and travelers. The high daily traffic counts on I-20 (over 55,000 vehicles) and Monkhouse Drive (10,000 vehicles) guarantee significant exposure. The property's flat terrain and existing infrastructure minimize development complexities, making it ideal for large-scale projects such as a convenience store, new hotel, or other commercial developments. This location is the epicenter of the Arkansas-Louisiana-Texas region, benefiting from a diverse economy anchored by education, logistics, finance, retail, oil, and entertainment sectors. Numerous major corporations have established a presence in Shreveport, further solidifying its economic strength and attractiveness for new businesses. The property offers full-motion access and is situated on a corner lot, maximizing its visibility and convenience. This is a rare opportunity to acquire a significant commercial land parcel in a high-growth area with exceptional visibility and access. The APN is S37 000006 000. The asking price is $1,350,000.

Location Insight

City

Shreveport

County

Caddo Parish

State

Louisiana

Longitude

-93.8274254

Latitude

32.4622364