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    1427 Russell Rd Shreveport, LA 71107

    For Sale
    $299,900

    Spacious Office Building, Ample Parking, Ideal Location

    Property size:
    9,225 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 9,225 square foot office building, situated on a 0.53-acre corner lot in Shreveport, Louisiana, presents a unique investment opportunity. The property, identified as Parcel #181421-053-0001-00, boasts convenient access and ample parking with curb cuts onto both Russell Road and Gain Street. The main building, formerly a church, features a recently updated sanctuary with new LED lighting installed in 2023. Four new air conditioning units were added approximately in 2000, ensuring climate-controlled comfort year-round. The building includes a front lobby with public restrooms, as well as additional offices, storage space, and private bathrooms in the rear. A security system is in place for added peace of mind. All utilities are electric. The property is zoned C1 (Neighborhood Commercial) and is conveniently located outside of any designated flood zone. This versatile property offers significant potential for a variety of commercial uses, benefiting from its prime location and substantial square footage. The ample parking and convenient access make it an attractive option for businesses seeking a well-maintained and easily accessible space. The recent upgrades to the HVAC and lighting systems demonstrate a commitment to modern functionality and efficiency.

    Property Features for 1427 Russell Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    9,225 SF
    Lot Size
    23,087 SF

    Building Details

    Year Built
    2009
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Skin Care Clinic Daycare Center Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.80271
    Latitude
    32.53267

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious Office Building, Ample Parking, Ideal Location
    Where is this office property / space located?
    The property is located at 1427 Russell Rd Shreveport, LA.
    What is the asking price?
    The asking price for this property is $299,900.
    Request Owner's contact information
    1427 Russell Rd Shreveport, LA 71107
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    Shreveport, LA 71107
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    Realmo Value Estimation

    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.

    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.

    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
    1427 Russell Rd Shreveport, LA 71107
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