Motor Finance - Tract D

Vacant Land for Sale
Catylist Listing ID: 29925258
Property Subtypes: Industrial, Office, Retail, Retail-Pad
Gross Land Area: 0.71 Acres
Sale Price: $9 PSF
Total Price: $278,348
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/14/2019

Overview / Comments

Tract D: 31,126.79 Useable SF (Useable .71 ac) @ $9/SF, $280,141
Other tracts are available.
For clearer images please see the Overall Site Plan attached in PDF format. All mineral rights are reserved.
Seller's Purchase Agreement is required to be used for all purchases.
Seller had final approval rights for site plan and architectural design.
Tracts must share curb cuts and access per DOTD and City of Shreveprot requriements. Purchasers must participate in Mutual Reciprocal Servitude of Passge and Access and Restrictive Covenants agreement with seller and adjacent owners. Purshacers also share in the cost of common curb cuts.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Tax ID/APN: 171338017006400
Zoning: B-2, I-1, B-3
Market Type: Medium
Property Located Between: Albemarle and Dumbarton
Side of Street: East
Road Type: Paved, Highway
Property Visibility: Excellent
Largest Nearby Street: Ellerbe Road and Innerloop 3132
Transportation: Bus, Highway, Taxi
Highway Access: This property is in close proximity to Innerloop 3132, the Industrial Loop Expressway and I-49.
Airports: Shreveport Regional
Site Description: This offering includes a few remaining sites available along Line Avenue just north of Innerloop 3132 and adjacent to Spring Lake, an upscale residential development. The sites are level, have mutual access and cross easements to Line Avenue are very near all municipal utilities readily available.
Area Description: The area of south central Shreveport is of strong demographics and is immidiately adjacent to mature upscale residential neighborhoods to the east. Line Avenue is the location of many upscale retail developments such as Uptown Shopping center anchored by Brookshires Grocery, and Pierremont Mall anchored by Steinmart. Immediately south of the property is Ashley Ridge, an upscale office development home to medical, financial and other types of personal service providers. I-49 and the Industrial Loop Expressway are within minutes accessible by way of Innerloop 3132.
Zoning Description: B-2 Neighborhood Business District B-3 Community Business District I-1 Light Industrial
Topography: Level
Easements: Utilities
Easements Description: For Tracts A - D, a 50' or 60' foot City of Shreveport Drainage Easement abuts the property to the rear.
Available Utilities: Electric, Water, Gas, Sewer, Cable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,851 70,837 150,518
Median Age: 43.57 36.82 35.84
Households: 3,716 29,337 61,586


The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.