Three-Building Office
New
For Sale
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10100 Woolworth Road, Keithville, LA 71047
Three distinct structures provide office space with options for one or two occupants and secured entry through an electric gate.
Property Size15,232 SF
Lot Size4.00 Acres
Price / SF$0.46
Days on Market2
Property Features for 10100 Woolworth Road
General Information
Standard status
Active
Size
15,232 SF
Lot size
4.00 Acres
Property subtype
Commercial
Additional Details
Condition
Built-Out
Property Use
Office
Amenities
signage available
electric gate
Building Details
Year Built
2014
Buildings
3
Listing Agency:
Berkshire Hathaway HomeServices Ally Real Estate
(318) 231-2000
Listed By:
Adam Lytle · License #0995687987
(318) 773-0063
Source:
Dallasandbeyond
Added: Oct 30
Last Checked: Oct 30 at 3:59PM
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 Berkshire Hathaway HomeServices Ally Real Estate
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Investment Insights
Based on property information with market context.
Three office buildings comprise a 15,232-square-foot property on 4 acres, developed in 2014. The space can be occupied as a single facility or divided between two tenants. The northern building’s first and second floors total 6,072 square feet, while the middle building offers 9,160 square feet on one level, with a ceiling reaching 20 feet at its peak. Signage space is available, and an electric gate controls entry to the site.
The property overlooks a stocked pond. Potential uses identified for the space include office, church, and event functions, either individually or in combination. Furniture, fixtures, and equipment may remain subject to an acceptable lease arrangement.
The property overlooks a stocked pond. Potential uses identified for the space include office, church, and event functions, either individually or in combination. Furniture, fixtures, and equipment may remain subject to an acceptable lease arrangement.
Key Highlights
- Three separate buildings totaling 15,232 square feet
- 4‑acre site overlooking a stocked pond
- 2014 construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$124,029
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,480,580
$2.5M
Cap Rate 7%
$1,771,843
$1.8M
Cap Rate 9%
$1,378,100
$1.4M
Market Conditions
NOI Build-Up for 15,232 SF
Gross rent
$186.4K $12.24/SF
− Vacancy
−$21.1K −$1.38/SF
EGI
$165.4K $10.86/SF
− OpEx
−$41.3K −$2.71/SF
NOI
$124.0K $8.14/SF
Area
Caddo County, LA
Vacancy
11.30%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,480,580
Cap Rate 7%
$1,771,843
Cap Rate 9%
$1,378,100
Alternative Uses
Best Use
Office B
$1.77M
$1.55M – $2.07M
NOI $124,029 @ 7.0% cap · market cap 1,776.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.01M
$2.64M – $3.52M
NOI $210,967 @ 7.0% cap · market cap 3,022.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
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Business Placement
Demographics for 71047, LA
10,698
Population
4,578
Households
2.3
Avg Household Size
44
Median Age
17%
College-Educated
84%
High-School Grad
109.0 sq mi
ZIP Area
98
Density / Sq Mi
$57,359
Median Household Income
$36,323
Median Earnings
$1,019
Median Rent
$141,000
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 - Three distinct structures provide office space with options for one or two occupants and secured entry through an electric gate.
Where is this office building located?
The property is located at 10100 Woolworth Road Keithville, LA.
What are key features of this property?
This property features: Three separate buildings totaling 15,232 square feet; 4‑acre site overlooking a stocked pond; 2014 construction
