4701 Texas StBossier City, LA 71111

Property Details for 4701 Texas St

Year built

1970

Lot size

0.40 AC

Property size (Sq ft)

2,816 SF

Property type

Retail space

APN

130523

APU

130523

Description

This exceptional 1.9-acre mixed-use property, located at the bustling intersection of East Texas Street and Swan Lake Road Extension in Bossier City, Louisiana, presents a unique investment opportunity. Boasting 250 feet of frontage on East Texas Street and 278 feet on Swan Lake Road, this high-visibility site offers unparalleled exposure to a substantial daily traffic volume. The property, zoned for convenience store, gas station, and quick-service restaurant uses, is conveniently situated approximately 2,500 feet from Interstate 20 and a short 1.5-mile drive to Interstate 220, ensuring easy access for both customers and employees. The total square footage is 85,421, with an asking price of $690,000, resulting in a price per square foot of $8.08. Currently vacant, the land is being offered as-is, with existing structures on the site having no assessed value. This prime location, coupled with its significant frontage and convenient access to major interstates, makes it an ideal site for a variety of commercial ventures. The zip code is 71111, and the property is situated in Bossier Parish. This is a rare opportunity to acquire a substantial parcel of land in a high-growth area with excellent visibility and accessibility. Don't miss out on this chance to develop a thriving business in a prime Bossier City location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,137,944

  6.5%

  $1,050,410

  7%

  $975,381

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,340,351

  Geo Method

  $507,600

• Alternative Use

  Use

  Valuation

  Residential

  $886,060

  Hospitality

  $811,626

  Educational

  $675,264

  Medical

  $698,487

  Retail

  $1,050,410

Location Insight

City

Bossier City

County

Bossier

State

Louisiana

Latitude

32.5347

Longitude

-93.6698

CBSA code

43340

CBSA name

SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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