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Property profile & analytics
FOR SALE
Commercial real estate

719 Caddo St 11 Shreveport, LA 71101

Property ID
US36-0555732
719 Caddo St,Unit 11, Shreveport, LA 71101 For Sale
$96,000
719 Caddo St,Unit 11, Shreveport, LA 71101
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Property summary
AI-generated overview

Prime commercial land located at 719 Caddo Street, Shreveport, Louisiana, 71101, is available for purchase. This 6,000 square foot lot (Lot 11) offers significant development potential, boasting 40 feet of frontage on Caddo Street and a depth of 150 feet. Its strategic location places it within close proximity to key amenities and a growing residential population. The property is situated just 80 feet from the nearly completed Bayou Grande Apartment Complex on Common Street, housing over 1,000 residents. Furthermore, it's a short two-block walk from the future State Office Building on Fannin Street, which will employ over 300 workers. The area also features numerous loft apartment buildings with over 100 residents and high-rise office buildings with 800+ workers, all within walking distance, ensuring high foot traffic and visibility for any development. This lot, along with adjacent lots 9 and 10 (totaling 18,000 sq ft), presents an exceptional opportunity for a mixed-use development, such as a gas station/convenience store, grocery store, or small strip mall. The asking price is $90,000, or $15 per square foot. The property is zoned for residential and commercial use. All offers are welcome. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly developing area of downtown Shreveport.

Property profile
Verified
Property type Commercial real estate
UPID US36-0555732
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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