Office
New
For Sale
Contact for pricing
1001 E 70Th Street, Shreveport, LA 71106
The building offers a large-room layout suited to a range of office configurations.
Property Size1,900 SF
Price / SF$1.47
Days on Market2
Property Features for 1001 E 70Th Street
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Commercial
Site & Location
Neighborhood
Pierremont
Building Details
Year Built
1970
Listing Agency:
Keller Williams Northwest
(318) 213-1555
Listed By:
Cynthia Briscoe · License #0000053238
(318) 286-0773
Source:
Dallasandbeyond
Added: Oct 30
Last Checked: Oct 30 at 2:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Northwest
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Investment Insights
Based on property information with market context.
This 1,900-square-foot office building was constructed in 1970 and features a floor plan with large rooms. Its solid construction provides the physical framework for the existing office layout.
The property is located at 1001 E 70th Street in Shreveport, Louisiana.
The property is located at 1001 E 70th Street in Shreveport, Louisiana.
Key Highlights
- 1,900 square feet of office space
- Constructed in 1970
- Large rooms throughout the floor plan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,546
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,920
$430.9K
Cap Rate 7%
$307,800
$307.8K
Cap Rate 9%
$239,400
$239.4K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$34.2K $18.00/SF
− Vacancy
−$5.5K −$2.88/SF
EGI
$28.7K $15.12/SF
− OpEx
−$7.2K −$3.78/SF
NOI
$21.5K $11.34/SF
Area
Shreveport, LA
Vacancy
16.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,920
Cap Rate 7%
$307,800
Cap Rate 9%
$239,400
Alternative Uses
Best Use
Office B
$307.8K
$269.3K – $359.1K
NOI $21,546 @ 7.0% cap · market cap 769.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$401.0K
$350.9K – $467.9K
NOI $28,071 @ 7.0% cap · market cap 1,002.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
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Business Placement
Demographics for 71106, LA
34,906
Population
15,415
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
33.2 sq mi
ZIP Area
1,051
Density / Sq Mi
$77,724
Median Household Income
$48,949
Median Earnings
$890
Median Rent
$310,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The building offers a large-room layout suited to a range of office configurations.
Where is this office building located?
The property is located at 1001 E 70Th Street Shreveport, LA.
What are key features of this property?
This property features: 1,900 square feet of office space; Constructed in 1970; Large rooms throughout the floor plan
