700 Cotton StShreveport, LA 71101
- Hospitality properties
- 19,800 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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