Retail Storefront for
107 Highway 1 North Oil City, LA 71061
107 Highway 1 North, Oil City, LA, 71061
Contact for pricing
For Sale
Contact for pricing
For-sale retail storefront located on Highway 1 North in Oil City within the Shreveport-Bossier City MSA.
Property Size9,014 SF
Price / SF$124.87
Days on Market49
Property Features for 107 Highway 1 North
General Information
- Standard status
- Active
- Size
- 9,014 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2010
Listing agency
Bang Realty
(888) 737-2264
Listed by
Brian Brockman · License #177814
Source
Crexi
Added: Jun 4 Updated: Jul 22 at 1:07AM Checked: Jul 22 at 1:07AM
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 Bang Realty
Investment Insights
Based on property information with market context.
The subject property is a retail storefront available for sale at 107 Highway 1 North, Oil City, LA 71061. It is positioned within the Shreveport-Bossier City Metropolitan Statistical Area, which serves as the primary economic hub of Northwest Louisiana and a key regional center for the Texas-Arkansas-Louisiana tri-state region.
Public remarks note that the MSA is seeing transformational economic momentum, including Amazon’s recently announced $12 billion multi-campus data center investment spanning Caddo and Bossier Parishes. The remarks further state that this investment is intended to support expansion of cloud services and next-generation digital infrastructure, reinforcing longer-term demand for workforce, utilities, and regional services. The information provided characterizes the market’s affordability, central location, and essential service infrastructure as supporting necessity-based retail and service-oriented assets.
Public remarks note that the MSA is seeing transformational economic momentum, including Amazon’s recently announced $12 billion multi-campus data center investment spanning Caddo and Bossier Parishes. The remarks further state that this investment is intended to support expansion of cloud services and next-generation digital infrastructure, reinforcing longer-term demand for workforce, utilities, and regional services. The information provided characterizes the market’s affordability, central location, and essential service infrastructure as supporting necessity-based retail and service-oriented assets.
Key Highlights
- For‑sale retail storefront on Highway 1 North in Oil City
- Located within the Shreveport‑Bossier City Metropolitan Statistical Area
- Year built: 2010
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.3k | $9.24 |
| − Vacancy | −$4.1k | −$0.45 |
| EGI | $79.2k | $8.79 |
| − OpEx | −$23.8k | −$2.64 |
| NOI | $55.4k | $6.15 |
9,014 SF · lease $9.24/SF/yr · vacancy 4.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$792.1K
$693.1K – $924.1K
NOI $55,446 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.78M
$1.56M – $2.08M
NOI $124,846 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - For-sale retail storefront located on Highway 1 North in Oil City within the Shreveport-Bossier City MSA.
Where is this retail space located?
The property is located at 107 Highway 1 North Oil City, LA.
What is the asking price?
The asking price for this property is $1,125,588.
What are key features of this property?
This property features: For‑sale retail storefront on Highway 1 North in Oil City; Located within the Shreveport‑Bossier City Metropolitan Statistical Area; Year built: 2010
