1220 Hearne AveShreveport, LA 71107
- Land
- 12,431 SF
Property Details for 1220 Hearne Ave
- Lot size
- 2.24 AC
- Property size (Sq ft)
- 12,431 SF
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 181413-023-0003-00
- APU
- 181413023000300
Description
This exceptional 5.96-acre commercial property presents a unique investment opportunity. Located in Shreveport city limits, yet situated within Bossier Parish, this flat parcel offers significant potential for various commercial ventures. The property boasts convenient access via the N Hearne service road, ensuring excellent visibility and accessibility. While a building shell remains on the site, it is considered to have no value and is not factored into the asking price of $260,000. Existing utilities are readily available on the property, simplifying development and reducing initial infrastructure costs. Importantly, buyers should note that this property comprises three separate parcels (155839, 122673, and 170448) and all three parcel numbers must be included in any offer. Furthermore, the property is designated as an X Flood Zone according to available maps, providing peace of mind regarding flood risk. This is a rare opportunity to acquire a sizable, readily-accessible commercial lot in a desirable location, ready for your vision. The flat terrain and existing utilities make this an ideal site for a wide range of commercial developments.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,911,440
- Hospitality
- $3,582,858
- Educational
- $2,980,896
- Medical
- $3,083,414
- Retail
- $4,636,949
Location Insight
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Latitude
- 32.5399
- Longitude
- -93.7613
- 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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