Flex Space on Nearly One
For Sale
$150,000
10222 Linwood Ave, Shreveport, LA 71106
Existing commercial improvements offer a customizable setting for business operations, storage, parking, or workshop use.
Property Size1,222 SF
Price / SF$122.75
Days on Market16
Property Features for 10222 Linwood Ave
General Information
Standard status
Active
Size
1,222 SF
Zoning
Commercial C
Property Condition
Severity
Repairs Needed
Evidence
ready for a little TLC
Building Details
Year Built
1980
Listing Agency:
Pinnacle Realty Advisors
(318) 401-8155
Listed By:
Lucia Hamel · License #0995697496
Source:
Heritance
Added: Aug 17
Changed: Aug 29
Last Checked: Aug 31 at 7:12PM
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 Pinnacle Realty Advisors
Investment Insights
Based on property information with market context.
This flex space property includes an existing commercial building constructed in 1980 and positioned on nearly one acre of land. The structure requires updating, providing an opportunity to modify the interior and improvements around specific operational needs. The property size is listed as 1222, although the source does not specify the unit of measurement.
Recently rezoned to Commercial C, the site supports a range of commercial possibilities identified in the property information, including business operations, equipment storage, parking, and workshop use. Its land area also leaves room for future expansion, subject to applicable approvals and site requirements. The property is located in Shreveport, Louisiana.
Recently rezoned to Commercial C, the site supports a range of commercial possibilities identified in the property information, including business operations, equipment storage, parking, and workshop use. Its land area also leaves room for future expansion, subject to applicable approvals and site requirements. The property is located in Shreveport, Louisiana.
Key Highlights
- Nearly one acre of commercial land
- Existing building constructed in 1980
- Recently rezoned to Commercial C
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,064
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$161,280
$161.3K
Cap Rate 7%
$115,200
$115.2K
Cap Rate 9%
$89,600
$89.6K
Market Conditions
NOI Build-Up for 1,222 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$13.2K $10.80/SF
− Vacancy
−$792 −$0.65/SF
EGI
$12.4K $10.15/SF
− OpEx
−$4.3K −$3.55/SF
NOI
$8.1K $6.60/SF
Area
Shreveport, LA
Vacancy
6.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$161,280
Cap Rate 7%
$115,200
Cap Rate 9%
$89,600
Alternative Uses
Best Use
Flex RnD
$115.2K
$100.8K – $134.4K
NOI $8,064 @ 7.0% cap · market cap 5.38%
Second Best
Industrial
$109.3K
$95.7K – $127.6K
NOI $7,653 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$257.9K
$225.7K – $300.9K
NOI $18,054 @ 7.0% cap · market cap 12.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
42
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Existing commercial improvements offer a customizable setting for business operations, storage, parking, or workshop use.
Where is this flex space located?
The property is located at 10222 Linwood Ave Shreveport, LA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Nearly one acre of commercial land; Existing building constructed in 1980; Recently rezoned to Commercial C
