700 Cotton StShreveport, LA 71101

  • Hospitality properties
  • 19,800 SF
For Sale
$500,000 View listing

Property Details for 700 Cotton St

Property size (Sq ft)
19,800 SF
Property type
Hospitality properties
Property subtype
Motels
APN
181437-112-0026-00
APU
181437112002600

Description

This stunning 17,000 square foot, three-story office building, formerly the Arlington Hotel, presents a unique investment opportunity in Shreveport, Louisiana. Built in 1913, this historic property boasts a traditional office layout, perfect for a variety of uses. The entire 17,000 square feet is currently vacant, offering a blank canvas for a single tenant or the potential for multiple tenants. Situated on a substantial 22-acre lot, the building offers ample parking and expansion possibilities. The address is 700 Cotton St, Shreveport, LA 71101, conveniently located near the intersection of Cotton Street and Louisiana Street in Caddo Parish. This property offers a rare chance to acquire a significant piece of Shreveport's history and transform it into a thriving modern workspace. The building's substantial size and expansive land provide flexibility for future development or redevelopment. The property's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the city. With its rich history and significant square footage, this property is ideal for a company seeking a landmark location or a developer looking for a substantial redevelopment project. The building's traditional office layout provides a solid foundation for a variety of modern office configurations. This is a truly exceptional opportunity to own a piece of Shreveport's heritage.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,182,310
    6.5%
    $5,706,748
    7%
    $5,299,124
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,788,573
    Geo Method
    $3,328,291
  • Alternative Use

    Use
    Valuation
    Residential
    $6,230,111
    Hospitality
    $5,706,748
    Educational
    $4,747,948
    Medical
    $4,911,237
    Retail
    $7,385,696
700 Cotton St, Shreveport, Louisiana

Location Insight

City
Shreveport
County
Caddo
State
Louisiana
Latitude
32.5091
Longitude
-93.7496
CBSA code
43340
CBSA name
SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,320
$7,200
$638
$7,838
-
$72,000
$4,250
$76,250

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