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    Property profile & analytics

    2151 Airline Dr Bossier City, LA 71111

    • Coworking space
    • 20,651 SF
    • 3.56 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-1161527
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jewelers Service / Jewelry Repair Service
    • 2 Johns Steak & Seafood / Restaurant / Seafood Restaurant
    • POSHE Salon / Hair Salon / Barber Shop
    • Christus Velocity Airline / Health
    • The Broken Phone / Repair Service / Electronics Repair Shop

    Property Details for 2151 Airline Dr

    Year built
    2007
    Lot size
    3.56 lot acres
    Property size
    20,651 SF
    Property type
    Coworking space
    Property subtype
    Office space

    Description

    This exceptional Class A commercial property, located at 2151 Airline Drive in Bossier City, Louisiana (zip code 71111), offers 20,651 square feet of versatile space ideal for a variety of businesses. The building, constructed in 2007, boasts a desirable location on a high-traffic corridor with approximately 34,000 vehicles passing daily. This 3.56-acre lot features a modern exterior and ample parking with 172 spaces. Currently, 1,614 square feet of contiguous space is available, with a minimum divisible space of 1,614 square feet. The building features 12-foot ceilings, allowing for potential mezzanine levels. The property is zoned B-3 and has an APN of 136350. The diverse tenant mix includes restaurants, retail stores, and medical offices, creating a vibrant and successful commercial environment. The property's proximity to major retailers like Walmart, Kroger, Sam's Club, Target, Lowe's, Home Depot, Best Buy, and Academy Sports, along with entertainment venues, ensures high visibility and foot traffic. This location is perfect for businesses seeking a strong presence in a thriving commercial area. The available space is adaptable to various business needs, from retail and restaurants to medical and professional offices. The property's modern design and prime location make it an attractive opportunity for businesses looking to establish or expand their operations in Bossier City.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bossier City
    County
    Bossier
    State
    Louisiana
    Longitude
    -93.707868684828
    Latitude
    32.538345813806

    Comparable in this City

    • Contact for pricing
      30,117 SF

      Bossier City Office Space For Lease

      Prime Office & Retail Space Available
      5200 Texas St, Bossier City, LA 71111
      View Details
    • $1,500 /Mo

      North Bossier Office Space Available

      Office space in high-traffic area with natural light.
      2310 Riverwood Dr, Bossier City, LA 71111
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    • $14 SF/Yr
      37,964 SF

      Prime Bossier City Office Space

      Executive Suites Available, I-20 Proximity
      1325 Barksdale Blvd, Bossier City, LA 71111
      View Details
    • $3,500 /Mo

      Office Space on Airline Drive

      Office space available for lease on busy Airline Drive.
      2161 Airline Dr, Bossier City, LA 71111
      View Details
    • $1,750 /Mo
      1,307 SF

      Professional Office Space Available

      Office space for lease in north Bossier City.
      1000 Chinaberry Dr, Bossier City, LA 71111
      View Details
    • $15 SF/Yr
      6,738 SF

      Greenacres Office Park: Bossier City

      Executive Suites, Ample Parking, Now Leasing
      2285 Benton Rd, Bossier City, LA 71111
      View Details

    Similar Nearby for Sale

    • $1,352,538
      3.45 Acres

      Bossier City Commercial Land

      Prime 3.45-acre development site.
      8001 Texas St, Bossier City, LA 71111
      View Details
    • $360,000
      0.17 Acres

      Office Space in Bossier City

      Large office space with many possibilities near Hamilton Road.
      1901 E Texas St, Bossier City, LA 71111
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    • $725,000
      4 SF

      Corner Lot Near Casino

      4,000 SF building on 0.72 acre corner lot.
      301 Traffic St, Bossier City, LA 71111
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    • $690,000
      1.90 Acres

      Prime Bossier City Mixed-Use Land

      High-traffic corner lot, I-20 access
      4701 Texas St, Bossier City, LA 71111
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    • $690,000
      3,223 SF

      High-Traffic Bossier City Corner

      Prime location, mixed-use potential. Two buildings on almost 2 acres.
      4701 Texas St, Bossier City, LA 71111
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    • $1,900,000
      8 SF

      Renovated Downtown Bossier City Building

      8,619 SF renovated building in Bossier City's East Bank District.
      310 Mansfield St, Bossier City, LA 71111
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    Similar Nearby for Lease

    • Contact for pricing
      30,117 SF

      Bossier City Office Space For Lease

      Prime Office & Retail Space Available
      5200 Texas St, Bossier City, LA 71111
      View Details
    • $1,500 /Mo

      North Bossier Office Space Available

      Office space in high-traffic area with natural light.
      2310 Riverwood Dr, Bossier City, LA 71111
      View Details
    • $14 SF/Yr
      37,964 SF

      Prime Bossier City Office Space

      Executive Suites Available, I-20 Proximity
      1325 Barksdale Blvd, Bossier City, LA 71111
      View Details
    • $3,500 /Mo

      Office Space on Airline Drive

      Office space available for lease on busy Airline Drive.
      2161 Airline Dr, Bossier City, LA 71111
      View Details
    • $1,750 /Mo
      1,307 SF

      Professional Office Space Available

      Office space for lease in north Bossier City.
      1000 Chinaberry Dr, Bossier City, LA 71111
      View Details
    • $15 SF/Yr
      6,738 SF

      Greenacres Office Park: Bossier City

      Executive Suites, Ample Parking, Now Leasing
      2285 Benton Rd, Bossier City, LA 71111
      View Details
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    Bossier City, LA 71111
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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.

    More about this property
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