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730 Fannin St
Shreveport, LA 71101

Northeast Corner of Common Street and Fannin · Land For Sale · 0.55 AC

Investment Highlights

  • .56 Acre - four city lots (24,000 SF)
  • Excellent location - downtown Shreveport, Louisiana
  • Zone: Mixed Use.
  • Residential area is expanding - additional loft apartments and an apartment complex nearby are under construction residents will need retail outlets.

Executive Summary

Retail outlets needed: large grocery store, shopping center, full service restaurant-dine-in, takeout and delivery services and a gas station-convenience center. Client base: Bayou Grande Apartments opposite side of common street-1000+ residents, Loft apartments-100+ residents, offices-800++ workers, new State Office Building(230+ employees) 2 blocks from listing on Fannin Street, area residents-10,000+(3mile+ area). These are estimates. All 16 lots in Block 2 could possibly be purchased. Asking Price, $15.00/SF All offers are welcome!

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Conditions Sale Leaseback
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 0.55 AC
Opportunity Zone Yes

1 Lot Available

Lot 1-4Block 2

Price $521,948 CAD
Price Per AC $948,997 CAD
Lot Size 0.55 AC

Lots 1,2,3 & 4, Block 2, Shreveport.6,000SF/Lot 24,224SF. Opposite large apartment complex nearing completion (1000+ residents)Bayou Grande Apartments. Near loft apartments and high-rise office buildings. Residents and workers need retail outlets.

Description

About the Property **NEW PHOTOS UPLOADED 10/18/2021. Photographs demonstrate proximity of the subject property to a new 1,000-unit apartment development.? Berkshire Hathaway HomeServices Ally Real Estate is pleased to offer for sale, .55- acre, 4 city lots (6,000 SF each) of land zoned as mixed use. These parcels have easy access to city water, city sewer, gas, and electricity. They are located at the intersection of Common Street and Fannin Street in the Downtown area of Shreveport, Louisiana. A large apartment complex, Bayou Grande Apartments, should be completed early this Fall, 2023. Located on Common Street, opposite these listing, its residents will need essential retail goods. This land is perfect for the construction of a mall to include a gas station convenience store, a full-service grocery store and a full-service restaurant. Situated near the growing Loft Apartment Area and only 1.5 blocks from a huge new apartment complex currently under construction.? This parcel can provide commercial resources vitally needed by this increasing population, as well as by the large Downtown Office Worker Group.? They need a full-service grocery store (the nearest one is miles away), a multi-service restaurant (eat-in, take-out, and delivery three meals a day), a retail strip center, and other possible services. Combined with additional lots for sale, the potential exists to possibly own the entirety of Block 2 (16 lots)!? Location 2-3 blocks north of the First Methodist Church situated at the head of Texas Street, the main street in Shreveport's Downtown area.? It is within walking distance of the District Court House, many skyscraper office buildings, a restaurant/arts movie theater, the Shreveport Convention Center, the Hilton Hotel, two science museums, the Strand Theater, the Shreveport Symphony, and two Las Vegas-style casinos.? It is about a mile from the Market Street entrance to I-20 and about the same distance from a proposed downtown entrance to I-49.? Utilities Water, sewer, electric, and gas available Zoning Mixed use residential

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
181437-107-0022-00
Land Assessment
$482 CAD
Improvements Assessment
$0 CAD
Total Assessment
$482 CAD

zoning

Zoning Code D-1-RMU (Residential/commercial)
D-1-RMU (Residential/commercial)
  • Listing ID: 22132083

  • Date on Market: 2021-02-01

  • Last Updated:

  • Address: 730 Fannin St, Shreveport, LA 71101

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