Wallace Lake Rd Shreveport, LA 71106

This exceptional 5.15-acre commercial property presents a remarkable investment opportunity in Shreveport, Louisiana. Located at the northwest corner of Flournoy Lucas Road and Wallace Lake Road, this strategically positioned parcel boasts significant frontage: 581 feet on Flournoy Lucas Road and 439 feet on Wallace Lake Road. The land is generally level at street grade, simplifying development. The property's zoning is R-E, offering flexibility for a wide range of commercial ventures, including hospitality, industrial, mobile home park, multi-family, office, retail, retail-pad, self-storage, or other permitted uses. The asking price is $1,073,754, translating to a land value of $208,495 per acre. The property's Assessed Parcel Number (APN) is 161307000003100. Situated in Caddo Parish, Shreveport, LA, zip code 71106, this location offers excellent visibility and accessibility. This is a rare opportunity to acquire a sizable, well-located commercial land parcel with significant development potential. The property's size and prime location make it an attractive investment for both short-term and long-term growth. Serious inquiries are encouraged.