712-768 E. Flournoy Lucas Rd

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712-768 E. Flournoy Lucas Rd

Shreveport, LA 71115
Asking Price
$645K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 4.227 acres <ul><li style="line-height: 1.6">Ideally located in the high-growth upscale area of South Shreveport</li><li style="line-height: 1.6">Less than 2 miles from Forbing Marketplace (Ellerbe Rd/Flournoy Lucas)</li><li style="line-height: 1.6">0.84 miles from LA Inner Loop 3132</li><li style="line-height: 1.6">3.71 miles from I-49</li><li style="line-height: 1.6">Five-minute drive from the Youree Drive/E Bert Kouns Industrial Loop (Hwy 526) intersection</li></ul>

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NOI
$80,000
Cap Rate
12.40%
DSCR
2.09
Strong
Cash-on-Cash
21.55%
Monthly Payment
$3,191.108
Annual Cash Flow
$41,706.703

Location & Travel Times