1253 Shreveport Barksdale HwyShreveport, LA 71105

  • Commercial real estate
  • 322,655 SF
For Lease
$9/SF/YR View listing

Property Details for 1253 Shreveport Barksdale Hwy

Construction
BRICK
Lot size
27.84 AC
Property size (Sq ft)
322,655 SF
Property type
Commercial real estate
APN
171309-061-0001-00
APU
171309061000100

Description

This exceptional Class B retail shopping center, located at 1253 Shreveport Barksdale Hwy, Shreveport, LA 71105, presents a compelling investment opportunity. The property, known as Shreve City Shopping Center, boasts a total of 540,000 square feet of retail space, offering significant potential for expansion and diversification. Currently, there are multiple spaces available, ranging from a minimum of 3,000 square feet to a maximum contiguous space of 50,000 square feet. A substantial 41,800 square feet is currently vacant, providing immediate opportunities for new tenants. The single-story building is ideally situated in a high-traffic area of Shreveport, ensuring excellent visibility and accessibility for businesses. The property's classification as Class B indicates a solid foundation for potential upgrades and value enhancement. This is an exceptional chance to acquire a significant retail presence in a thriving Louisiana market. The available space offers flexibility for a variety of retail concepts, making it an attractive proposition for both established businesses and new ventures. The property's size and location make it an ideal investment for those seeking a substantial return on investment in the Shreveport retail sector.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $101,524,064
    Hospitality
    $92,995,496
    Educational
    $77,371,160
    Medical
    $80,032,080
    Retail
    $120,355,144

Location Insight

City
Shreveport
County
Caddo
State
Louisiana
Latitude
32.4859
Longitude
-93.7039
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
$139,375
$240,992
$633,444
$874,436
-
$2,409,915
$4,222,958
$6,632,873

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