Redevelopment Opportunity For Sale REDEVELOPMENT OPPORTUNITY FOR SALE
190 +/- ACRES
SHREVEPORT COUNTRY CLUB
3101 ESPLANADE AVENUE
SHREVEPORT, LOUISIANA 71109
WWW.SEALYNET.COM SEALY & COMPANY | 333 TEXAS STREET | SUITE 1050, SHREVEPORT. LA 71101 1 MAIN: 318.222.8700 | FAX: 318.222.4124 REDEVELOPMENT OPPORTUNITY FOR SALE
CONTENTS
3 PROPERTY SUMMARY
4 PROPERTY OVERVIEW
6 PROPERTY HIGHLIGHTS
7 LOCATION OVERVIEW
8 SHREVEPORT MARKET OVERVIEW
9 CONTACT
3101 ESPLANADE AVE | SHREVEPORT, LA 71109 2 REDEVELOPMENT OPPORTUNITY FOR SALE
PROPERTY SUMMARY
Description Property Outline The subject property for sale consists of 190 +/- Acres in Shreveport. Most recently, this property housed The Shreveport Country Club which included a large event center, restaurant area with outdoor seating, a bar and grill, tennis courts and pool and various other improvements.
The 23,425 square foot clubhouse contains an operational kitchen, dining area, bar, covered stone patio area, sitting room, ballroom, foyer, and more.
The 190 +/- acre redevelopment area is located less than two miles from I-220 and is close distance to I-49, I-20, and LA Hwy 3132.
Situated in close distance to the Louisiana State Fair Grounds, the Hirsh Memorial Coliseum, Independence Bowl Stadium, & South Shreveport’s largest medical corridor.
Clubhouse
3101 ESPLANADE AVE | SHREVEPORT, LA 71109 3 REDEVELOPMENT OPPORTUNITY FOR SALE
PROPERTY OVERVIEW
BUILDING SIZE: 23,425 SF
GROSS LAND AREA: 190 Acres
SALE PRICE: $4,300,000
SALES PRICE/ ACRE: $ 22,631
ZONING: C-UV (PUD)
C-UV Urban Village Commercial Zoning District - The C-UV Urban Village Clubhouse Close-Up Aerial Overview of Clubhouse Commercial Zoning District is intended for large developments characterized by a mix of commercial uses and higher density residential, creating a coordinated mixed-use environment that is pedestrian-friendly and incorporates public space within the overall design. (PUD) Planned Unit Development.
HIGHLIGHTS: -Easy access to I-220, I-49, I-220, and LA Hwy 3132
-Located near major medical corridor
-Situated by Cross Lake
-Near Shreveport Regional Airport
Clubhouse at night Land
3101 ESPLANADE AVE | SHREVEPORT, LA 71109 4 REDEVELOPMENT OPPORTUNITY FOR SALE
PROPERTY AERIAL
3101 ESPLANADE AVE | SHREVEPORT, LA 71109 5 REDEVELOPMENT OPPORTUNITY FOR SALE
PROPERTY PHOTOS
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LOCATION OVERVIEW
ROAD MAP LOCATION AERIAL
MAP LEGEND
HOSPITAL/MEDICAL HIRSCH COLISEUM
INDEPENDENCE STADIUM FAIR GROUNDS
DEMOGRAPHICS Proximity: 1 mile 3 miles 5 miles Total Population: 8,362 56,094 138,269 Median Age: 34.19 34.27 35.43 Independence Bowl Stadium Households: 3,289 21,791 54,314 Est. Average Family Income $45,449 $48,767 $60,934 2016 Est. Total Businesses 246 2,012 7,093 TRAFFIC COUNTS Greenwood Rd. and Jewella Ave 37,958 cars per day Greenwood Rd. and Curtis St 14,276 cars per day Cross Lake Hirsch Memorial Coliseum LA State Fair Grounds
3101 ESPLANADE AVE | SHREVEPORT, LA 71109 7 ECONOMIC MARKET OVERVIEW
CADDO PARISH COMPETITIVE ADVANTAGES HELP BUSINESSES SUCCEED
Nationally recognized in the top ten for economic development by Site Selection, Caddo Parish is connected globally by a multi-modal transportation system of ports, interstates, U.S. highways, rail, and air service. With an estimated 2016 population of 250,014 residents, Caddo Parish supports one of the most diverse economies of its size. The median household income is $41,635.
Recognized by Forbes magazine and KPMG Competitive Alternatives as the most cost competitive in the nation and in North America, respectively, Caddo Parish offers both value and quality. Boasting a civilian labor force of 110,979, Caddo Parish provides a quality workforce, a business-friendly environment and an infrastructure that helps businesses succeed nationally and globally. Caddo Parish’s unemployment is 7.7% (June 2016). A BUSINESS-FRIENDLY TAX ENVIRONMENT
The largest employer in northwest Louisiana is Barksdale Air Louisiana encourages business development by eliminating several Force Base, located south of Bossier City. Employing more than taxes and creating a more business-friendly tax structure. 10,000 people, Barksdale generates an annual economic impact of $753.8 million for the economy of Bossier Parish and surrounding • Louisiana’s low-tax environment offers new business operations communities. significant cost savings. According to a 50-state analysis by the Tax Foundation and KPMG: Location Matters (2015), Louisiana ranks as In 2009, the Air Force’s newest command, Global Strike Command, the 2nd -lowest tax burden for new business operations. was activated at Barksdale increasing the base’s importance as a military facility and economic engine. • In 2008, Louisiana ranked No. 6 for states with the lowest tax burden (Anderson Economic Group’s State Business Tax Burden NORTH LOUISIANA OFFERS THE LOWEST COST OF DOING State Rankings) BUSINESS • Louisiana also ranked No. 6 on business taxes to state profits Ranked as the #1 most cost competitive place to do business in the nation and in North America by Forbes.com and KPMG Competitive • Louisiana ranked No. 2 on business taxes to private GSP Alternatives, respectively, North Louisiana offers both value and quality. Competitive utility rates, low labor costs, and a pro-business • Taxes consumed only 12.2 percent of Louisiana business profits, tax structure allow companies to compete globally. compared to the national average of 16.7 percent
* courtesy of the (NLEP) North Louisiana Economic Partnership
3101 ESPLANADE AVE | SHREVEPORT, LA 71109 8 REDEVELOPMENT OPPORTUNITY FOR SALE
3101 ESPLANADE AVE | SHREVEPORT, LA 71109
FORMER SHREVEPORT COUNTRY CLUB
DOUG ABINGTON ASSOCIATE BROKER
Direct: 318.698.1114 Mobile: 318.572.1568 [email protected]
Real Estate Strategies Delivered SEALY REAL ESTATE SERVICES
Sealy Real Estate Services (SRES), the brokerage division of Sealy & Company, is a real estate brokerage firm serving commercial, industrial, and investment clients exclusively. Sealy has been in business since 1946 and is committed to providing exemplary professional property brokerage and management services. The brokerage division has a combined 150+ years of experience, is actively involved in community and professional organizations.
Sealy does much more than simply facilitate your property transaction; we leverage our experience and relationships to bring maximum benefit to your real estate investments. SRES has in-house resources and our services include listing services for selling or leasing property; site/location selection services for purchasing property; leasing services; property development services; and property management/accounting services for investment properties. To learn more please visit www.Sealynet.com.
All information set forth in this brochure has been obtained from the Owner and its representatives, personal observation and/or sources, which are deemed reliable. Sealy & Company, LLC has no reason to doubt its accuracy, but does not guarantee it, nor are there any representations or warranties, expressed or implied, in this brochure. Information contained herein is subject to change or withdrawal without notice. WWW.SEALYNET.COM SEALY & COMPANY | 333 TEXAS STREET | SUITE 1050, SHREVEPORT. LA 71101 MAIN: 318.222.8700 | FAX: 318.222.4124