Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2705 Valkyrie Dr Bossier City, LA 71111

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $499,900

    0.649 acre corner property suitable for commercial development.

    Lot size:
    0.65 Acres

    Property Features for 2705 Valkyrie Dr

    General Information

    Lot size
    0.65 Acres

    Building Details

    Year built
    1966

    We can help!

    Listing Contact
    Donna Tidwell
    Source: Elliman

    Listing Agency: EXP Realty, LLC Listing Agent: Donna Tidwell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Corner Property with Tenant House

    This corner property, encompassing 0.649 acres, includes a two-story house with a tenant. Situated just off Airline Drive in Bossier City, Louisiana, the location is suitable for a commercial venture. The lot is surrounded by businesses and offers accessibility, potentially providing a foundation for growth in a desirable area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bossier City
    County
    Bossier
    State
    Louisiana
    Longitude
    -93.712615
    Latitude
    32.579492

    Nearby Similar for Sale

    • $1,350,000
      1.01 Acres

      High-Traffic Corner Commercial Property

      1.01 acres with 3 buildings suitable for auto sales/industrial.
      1615 E Texas St, Bossier City, LA 71111
      View Details
    • $250,000
      0.30 Acres

      Bossier City Office Buildings For Sale

      Two buildings with great visibility on Benton Road in Bossier City.
      1623 Benton Rd, Bossier City, LA 71111
      View Details
    • $250,000
      8,550 SF

      Commercial Strip Center in Bossier City

      8,550 SF commercial strip center in high-traffic Bossier City area.
      3810 E Texas St, Bossier City, LA 71111
      View Details
    • $129,900
      0.21 Acres

      Remodeled Duplex Near Casino

      Remodeled duplex near casino, great for Airbnb.
      116 Loop St, Bossier City, LA 71111
      View Details
    • $89,900
      0.19 Acres

      Remodeled Duplex in Bossier City

      Recently remodeled duplex in Bossier City, great investment opportunity.
      2712 Foster St, Bossier City, LA 71112
      View Details
    • $534,900
      0.62 Acres

      Bossier City Industrial Opportunity

      Industrial property available for sale in Bossier City, Louisiana.
      1308 Driftwood Dr, Bossier City, LA 71111
      View Details
    • $810,000
      1.25 Acres

      Freestanding Commercial Property For Sale

      100% leased commercial property with showroom and warehouse space in Bossier.
      2060 E Texas St, Bossier City, LA 71111
      View Details
    • $925,000
      0.48 Acres

      Benton Road Commercial Building

      Commercial building on Benton Road with owner financing available.
      1656 Benton Rd, Bossier City, LA 71111
      View Details
    • $595,000
      0.65 Acres

      Airline Drive Retail Opportunity

      Retail property on Airline Drive in Bossier City, Louisiana.
      1964 Airline Dr, Bossier City, LA 71112
      View Details
    • $950,000
      0.36 Acres

      Downtown Bossier City Retail Opportunity

      Prime retail lot in thriving downtown Bossier City, Louisiana.
      801 Barksdale Blvd, Bossier City, LA 71111
      View Details
    • $360,000
      0.17 Acres

      Office Space in Bossier City

      Large office space with many possibilities near Hamilton Road.
      1901 E Texas St, Bossier City, LA 71111
      View Details
    • $1,999,000
      2,200 SF

      Bossier City Automotive Retail Property

      2,200 SF automotive retail property on 1.78 acres.
      5485 Airline Dr, Bossier City, LA 71111
      View Details

    FAQs

    What type of property is this?
    Land - 0.649 acre corner property suitable for commercial development.
    Where is this land located?
    The property is located at 2705 Valkyrie Dr Bossier City, LA.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Prime commercial location just off Airline Drive in Bossier City, LA.; - 0.649 acre corner property.; - Ideal for commercial venture.
    Request Owner's contact information
    2705 Valkyrie Dr Bossier City, LA 71111
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2705 Valkyrie Dr
    Bossier City, LA 71111
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2705 Valkyrie Dr Bossier City, LA 71111
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Donna Tidwell
    Learn more
    Google sign-in failed. Please try again or use another login method.