North Market Car Wash

Retail-Commercial for Sale
Catylist Listing ID: 30050780
Property Subtypes: Car Wash
Building Size (RSF): 4,645 SF
Gross Land Area: 31,780 SF
Sale Price: $250,000
Unit Price: $53.82 PSF
Property Use Type: Vacant/Owner-User
Building Name: North Market Car Wash
Usable Size (USF): 4,645 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2017

Overview / Comments

This offering consists of a 10 bay car wash and a 5 bay vacuum center situated on .73 acres of land with 113.5' fronting on North Market with 280' of lot depth. The site is adjacent to the former Rite Aid at the intersection of Nelson Street and North Market. Located less than one mile from I-220 and 3 miles from I-20 makes this location central to all business traffic in North Shreveport. 35,672 vehicles per day drive past North Market at Nelson Street. The current zoning classification of C-3, General Commercial Zoning provides an opportunity for a wide variety of business types making this property suitable for redevelopment or conversion to a retail strip center or office building.

Land value is $7.87 per square foot with water and electricity available at the site.

Attachments & Media

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Taxing Authority: Caddo Parish
Tax ID/APN: 181423057000200
Zoning: C-3 GENERAL COMMERCIAL ZONING
Retail Clientele: General
Property Located Between: Nelson Street and
Largest Nearby Street: Nelson @ North Market
Feet of Frontage: 113
Traffic/Vehicle Count: 35,672
Highway Access: Less than one mile from I-220 and 3 miles from I-20
Airports: Shreveport Regional and Downtown Shreveport Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: The site structures consists of a 10 bay car wash and a 5 bay vacuum center.
Parking Type: Surface
Zoning Description: C-3 General Commercial Zoning
Lot Frontage: 113.5'
Lot Depth: 280'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple Owned
Legal Description: Lot 2, North Shreveport Business Center District #3, City of Shreveport, Parish of Caddo, State of Louisiana

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,721 23,704 105,650
Median Age: 28.3 37.74 34.56
Households: 1,148 9,104 43,358

Contact

Photograph of Listing Agent

JoAnn Wheless

Sealy Real Estate Services LLC Shreveport, LA 71101
Not a member of MCAR CIE
Photograph of Listing Agent

Jackson Wheless

Sealy Real Estate Services LLC Shreveport, LA 71101
Not a member of MCAR CIE
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