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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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