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Hwy 1 & N Forty - Vacant Land, Shreveport, LA

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Hwy 1 & N Forty - Vacant Land

Shreveport, LA 71107 - Caddo Parish Submarket


Property Type:Land Parcel Size:16.56 Acres
Zoning:R-1
For Sale Price:$2,545,000 Price/Acre:$153,684 Price/SF:$3.53

Topography:Level
Proposed Use:Commercial, Retail, Mixed Use, Restaurant

On-Site Improv:Raw land


Overview
10 Acres available on North Market, Shreveport. Great potential for manufactured homes location or park (existing home would be ideal office or clubhouse). Convenient to downtown. Mostly cleared acreage, some wooded areas. Owner will subdivide. Great investment opportunity, close proximity to proposed route for I-49 extension.

Sale Notes:
$153,683.58/Acre

Three tracts of land that total 16.56 acres:

Tract One: 8.462 acres
606 ft. of frontage on N. Market
906 ft of frontage on N. Forty Drive
$1,333,000 ($157,527 per acre) ($3.62 per sq ft)

Tract Two: 1.194 acres
361 feet of frontage on North Forty
$78,000. ($65,326 per acre) ($1.50 per sq ft)

Tract Three: 6.908 acres
760 ft. frontage on I-49
872 ft frontage on North Forty Drive
$1,134,000 ($164,157 per acre)(3.77 per sq ft)

Excellent location for hospitality, restaurants, gas station - large enough for multi-use.
Land is located at the Southwest corner of I-49 and North Market (Highway 1), next door to the new Super Wal-Mart

Sealy & Company
Roger A DeKay
(318) 698-1107




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