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    Industrial Flex Buildings with Office Title is generated by Realmo AI

    2117 California, Bossier City, LA 71111

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    Pending
    $525,000

    COMMERCIAL - Bossier City, LA

    Property size:
    8,160 SF
    Lot size:
    1.60 Acres
    Added:
    May 11, 2026
    Days on Market:
    27
    Last Refresh:
    Jun 6 at 8:06 am

    Property Features for 2117 California

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    155575
    Lot size
    1.60 Acres

    Taxes and HOA fees

    Tax Description
    1.604 Acres, Assessment numbers 1813209E, 18132002

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1958
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Stan Cole

    Listing agent Stan Cole License #0000049043

    Listing office Century 21 United Shreveport, LA

    Listing date May 11, 2026

    MLS# 21197384

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.6‑acre property with 2 buildings at 2115 and 2117 California Drive, at the end of California Drive off Benton Road
    • Main building totals 8,160 SF, including about 1,000 SF of office space with central HVAC
    • Warehouse includes overhead doors, high ceilings, and 2 x 5,000 BTU gas heaters
    • Second warehouse offers 4,885 SF with overhead doors and a paint booth with a 1,000,000 BTU gas heater
    • Zoned I‑1; public water and public sewer
    • Central heating and central air; metal roof and metal siding

    Overview

    This industrial flex property consists of two buildings totaling 13,045 square feet on a 1.6-acre site. The main building includes approximately 1,000 square feet of office space with central HVAC, along with warehouse areas designed for warehouse operations. It features overhead doors, high ceilings, and two 5,000 BTU gas heaters to support temperature management in the warehouse space. A second warehouse provides 4,885 square feet with overhead doors and includes a paint booth equipped with a 1,000,000 BTU gas heater, supporting in-house finishing needs.

    The property is located at the end of California Drive off Benton Road and is zoned I-1. The site has two addresses, 2115 and 2117 California Drive, allowing for straightforward identification and site access for operations, deliveries, and administrative needs.

    With its combination of office and functional warehouse infrastructure, this property is well suited for owner-users or investors seeking an industrial facility with space for both work and administration. The overhead door access and built-in heating equipment support day-to-day warehousing, while the paint booth and high-capacity heating make it a practical fit for tenants needing a dedicated finishing area in an I-1 setting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Don Juanz Baja Beach Tacos Bossier — 2333 Airline Dr, Bossier City, LA 71111

    Location Insight

    • Map
    • Local Demand
    City
    Bossier City
    County
    Bossier
    State
    Louisiana
    Longitude
    -93.723251
    Latitude
    32.537176

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    FAQs

    What type of property is this?
    Flex space - Two-building industrial site with office space, multiple overhead doors, and a paint booth for fabrication, storage, and light production.
    Where is this flex space located?
    The property is located at 2117 California Bossier City, LA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: 1.6‑acre property with 2 buildings at 2115 and 2117 California Drive, at the end of California Drive off Benton Road; Main building totals 8,160 SF, including about 1,000 SF of office space with central HVAC; Warehouse includes overhead doors, high ceilings, and 2 x 5,000 BTU gas heaters
    (318) 212-0021
    We can help!
    Listing Contact
    Stan Cole
    Real Estate License ID: 0000049043
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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