8100 Jump Run DrShreveport, LA 71115

Property Details for 8100 Jump Run Dr

Year built

1999

Construction

CONCRETE BLOCKS

Lot size

2.85 AC

Property size (Sq ft)

28,861 SF

Property type

Commercial real estate

APN

171329-065-0002-00

APU

171329065000200

Description

This exceptional 1-acre commercial pad site is ideally situated in Shreveport, Louisiana, at 8100 Jump Run Drive, in Caddo Parish, zip code 71115. Boasting a highly desirable C-2 zoning classification, this property presents a remarkable opportunity for developers and investors seeking a prime location for various commercial ventures, including office and retail spaces. The land is priced at $522,720, translating to $522,720 per square foot. The site is conveniently located in a busy retail area experiencing high traffic volume, with a recorded 51,792 vehicles per day passing the Industrial & Millicent Way intersection (data from 9-2011). While approximately 1 acre, the property is subject to subdivision, offering flexibility in development plans. The average rent per square foot in the area is $12, indicating strong potential rental income for future developments. This property's strategic location and zoning make it an attractive investment with significant upside potential. The property's coordinates are 32.427998 latitude and -93.7140802 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $8,991,660

  6.5%

  $8,300,000

  7%

  $7,707,140

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,451,260

  Geo Method

  $2,064,430

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $16,807,100

  Retail / Commercial

  $8,527,310

  Mixed-Use / Specialty

  $8,424,980

  Hospitality / Lodging

  $6,087,480

  Office

  $8,300,000

  Institutional / Educational

  $8,732,870

  Residential Income

  $10,217,500

  Multifamily

  $12,653,100

  Automotive / Energy

  $7,485,320

  Parking / Income-Based Land

  $2,654,160

  Restaurant / Food Service

  $4,228,370

  Healthcare / Senior Housing

  $8,713,420

Location Insight

City

Shreveport

County

Caddo

State

Louisiana

Latitude

32.4282

Longitude

-93.7142

CBSA code

43340

CBSA name

SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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