Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    500 Mccormick Street Bossier City, LA 71111

    View on Map
    Claim this Listing
    For Sale
    $141,000

    Duplex - Bossier City, LA

    Type:Duplex
    Lot size:
    0.06 Acres
    Added:
    Mar 18, 2026
    Days on Market:
    50
    Last Refresh:
    May 6 at 4:06 pm

    Property Features for 500 Mccormick Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Parking
    2
    Parking features
    Driveway, Other
    Interior features
    Cable Tv Available
    Standard status
    Active
    APN
    135872
    Lot size
    0.06 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1952
    Floors in Building
    1
    Flooring type
    Vinyl
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Desiree Davis
    Desiree Davis

    Listing agent Desiree Davis License #0995695418

    Listing office Diamond Realty & Associates 315 East Texas Street, Bossier City, LA

    Listing date Mar 18, 2026

    MLS# 21211491 Listing URL

    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

    • Updated duplex featuring two rental units.
    • Enjoy current rental income of $625 and $750 per unit.
    • Central heating and air conditioning for year‑round comfort.
    • Vinyl flooring throughout.
    • Shingle roof.
    • Driveway parking.

    Overview

    Updated Duplex in Bossier City

    This updated duplex is located in Bossier City, Louisiana. Both units are currently rented; 500 McCormick is rented for $625, and 502 McCormick is rented for $750. With a lot size of 0.061 acres, this property is suitable as an addition to an investment portfolio or as a starting point for a new one. The property is located in the 71111 postal code area of Bossier City, in Bossier Parish, Louisiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bossier City
    County
    Bossier
    State
    Louisiana
    Longitude
    -93.727599
    Latitude
    32.517925

    Nearby Similar for Sale

    • $801,500

      Bossier City Commercial Property Leased

      Freestanding commercial property with showroom, warehouse, and apartment space.
      2060 E Texas Street, Bossier City, LA 71111
      View Details
    • $525,000

      Bossier City Industrial Property

      1.6 acre industrial property with two buildings for sale.
      2117 California, Bossier City, LA 71111
      View Details
    • $899,000

      Benton Road Commercial Building

      Commercial building on Benton Road with owner financing available.
      1656 Benton Road, Bossier City, LA 71111
      View Details
    • $565,000

      Dental Office on Viking Drive

      Dental office for sale or lease in Bossier City.
      4438 Viking Drive, Bossier City, LA 71111
      View Details
    • $1,350,000

      High-Traffic Corner Commercial Opportunity

      1.01-acre commercial site ideal for auto sales or service.
      1615 E Texas Street, Bossier City, LA 71111
      View Details
    • $534,900

      Bossier City Industrial Opportunity

      Commercial property for sale in Bossier City, Louisiana.
      1308 Driftwood Drive, Bossier City, LA 71111
      View Details
    • $950,000

      Downtown Bossier City Retail Opportunity

      Prime retail lot in thriving downtown Bossier City, Louisiana.
      801 Barksdale Boulevard, Bossier City, LA 71111
      View Details
    • $239,900

      Office Buildings on Benton Road

      Two office buildings with high visibility on Benton Road.
      1623 Benton Road, Bossier City, LA 71111
      View Details
    • $295,000

      Office Space in Bossier City

      Large office space with many possibilities near Hamilton Road.
      1901 E Texas Street, Bossier City, LA 71111
      View Details
    • $385,000

      Office Building in Bossier City

      Office building for sale in Bossier City, Louisiana.
      2209 Shed, Bossier City, LA 71111
      View Details
    • $1,999,000
      2,200 SF

      Bossier City Automotive Retail Property

      2,200 SF automotive retail property on 1.78 acres.
      5485 Airline, Bossier City, LA 71111
      View Details
    • $364,999

      Office Building Near BAFB

      Office building on 0.53 acres, located near BAFB.
      3110 Barksdale Boulevard, Bossier City, LA 71112
      View Details

    FAQs

    What type of property is this?
    Duplex - Updated duplex, currently rented, ideal for investment portfolio.
    Where is this duplex located?
    The property is located at 500 Mccormick Street Bossier City, LA.
    What is the asking price?
    The asking price for this property is $141,000.
    What are key features of this property?
    This property features: Updated duplex featuring two rental units.; Enjoy current rental income of $625 and $750 per unit.; Central heating and air conditioning for year‑round comfort.
    (318) 746-0011
    We can help!
    Listing Contact
    Desiree Davis
    Desiree Davis
    Real Estate License ID: 0995695418
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    500 Mccormick Street, Bossier City, LA 71111
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!