534 Texas StShreveport, LA 71101

Property Details for 534 Texas St

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional commercial land parcel, located at 534 Texas Street in Shreveport, Louisiana, 71101, presents a lucrative investment opportunity. The property, identified as a downtown Shreveport parking lot, is currently leased to Douglas Parking, generating a stable annual rental income of $18,000. Its strategic location directly across from the Caddo Parish Courthouse ensures high traffic and visibility, making it an ideal investment for continued rental income or potential redevelopment. The 0.22-acre lot offers significant potential for future growth and development within the vibrant Shreveport city center. The asking price for this prime commercial land is $325,000. This represents a strong return on investment considering the existing lease and the property's prime location in a high-demand area. The property's coordinates are 32.51244304843929 latitude and -93.75094119667611 longitude. Serious inquiries are encouraged. This is a rare opportunity to acquire a well-situated, income-producing property in the heart of Shreveport.

Location Insight

City

Shreveport

County

Caddo Parish

State

Louisiana

Latitude

32.5124

Longitude

-93.7509

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