5926 Market StShreveport, LA 71107

  • Other commercial real estate
  • 1,255 SF
For Sale
$1,500,000 View listing

Property Details for 5926 Market St

Construction
CONCRETE BLOCKS
Lot size
15.07 AC
Property size (Sq ft)
1,255 SF
Property type
Other commercial real estate
APN
191525-000-0053-00
APU
191525000005300

Description

This exceptional 5-acre commercial land parcel presents a remarkable investment opportunity in a rapidly growing area of North Shreveport, Louisiana. Located at 5926 N Market St, Shreveport, LA 71107 (APN: 191525000005300), this property boasts 372 feet of road frontage, providing excellent visibility and accessibility. The land is predominantly cleared, simplifying development plans. Its strategic location offers easy access to Interstate 49, just one mile to the south, placing it within convenient reach of a major transportation artery. The surrounding area is experiencing significant commercial growth, with recent additions including a Walmart Supercenter, Anytime Fitness, and numerous fast-food restaurants, indicating a strong and expanding market. This high-traffic location ensures substantial visibility for any commercial venture. The asking price for this exceptional property is $1,500,000. This presents a unique chance to capitalize on the burgeoning commercial activity in this desirable North Shreveport location. The property's size and strategic placement make it suitable for a wide range of commercial developments, offering significant potential for future returns. Don't miss this opportunity to secure a prime piece of commercial real estate in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $316,354
    Hospitality
    $289,778
    Educational
    $241,092
    Medical
    $249,384
    Retail
    $375,032
5926 Market St, Shreveport, Louisiana

Location Insight

City
Shreveport
County
Caddo
State
Louisiana
Latitude
32.6068
Longitude
-93.8472
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
$2,798
$8,067
$9,920
$17,987
-
$80,670
$75,107
$155,777

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