Secure Fleet Maintenance
For Sale
$2,100,000
4910 N Market Street, Shreveport, LA 71107
Two-building flex and warehouse campus includes an office with generator, plus fleet maintenance bays and a fenced yard.
Property Size20,548 SF
Days on Market108
Property Features for 4910 N Market Street
General Information
Standard status
Active
Size
20,548 SF
Property subtype
Commercial
Zoning
C-2
Building Details
Building Size
20,548 SF
Year Built
2018
Stories
2
Units
2
Listing Agency:
Walker-Alley & Associates
(318) 572-7926
Listed By:
Danielle Cummings · License #0995687005
(318) 572-7926
Source:
1111brokerage
Added: May 8
Changed: Aug 23
Last Checked: Aug 22 at 9:55AM
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 Walker-Alley & Associates
Investment Insights
Based on property information with market context.
4019 North Market Street presents a secure, integrated office and fleet maintenance campus designed for organizations needing both administrative space and vehicle servicing capability. The property includes a 7,328-square-foot office building with multiple private offices, three restrooms, a dedicated conference room, and training areas. Secure storage is available inside and outside the office, and the office is supported by a 100 kW diesel-fueled backup generator for operational continuity during power outages.
The second building is a 13,220-square-foot fleet maintenance facility built for servicing and fleet management, with five enclosed service bays and five open bays. Enclosed bays are equipped with compressed air systems and exhaust hose ventilation to support safer vehicle exhaust removal. A fully decked second-level mezzanine provides additional storage for parts, equipment, and supplies.
An on-site fueling station with two pumps dispensing unleaded gasoline supports centralized refueling of fleet vehicles. The perimeter is fully enclosed with concrete block masonry and six-foot cyclone fencing topped with barbed wire, and the fenced yard supports controlled fleet circulation and asset protection. The property is positioned along North Market Street with convenient access to Interstate 49 and downtown Shreveport.
The second building is a 13,220-square-foot fleet maintenance facility built for servicing and fleet management, with five enclosed service bays and five open bays. Enclosed bays are equipped with compressed air systems and exhaust hose ventilation to support safer vehicle exhaust removal. A fully decked second-level mezzanine provides additional storage for parts, equipment, and supplies.
An on-site fueling station with two pumps dispensing unleaded gasoline supports centralized refueling of fleet vehicles. The perimeter is fully enclosed with concrete block masonry and six-foot cyclone fencing topped with barbed wire, and the fenced yard supports controlled fleet circulation and asset protection. The property is positioned along North Market Street with convenient access to Interstate 49 and downtown Shreveport.
Key Highlights
- Two‑building commercial campus totaling 20,548 SF, including a 7,328 SF office and 13,220 SF fleet maintenance facility.
- Office building features multiple private offices, 3 restrooms, a dedicated conference room, and training areas, plus secure indoor and outdoor storage.
- Office is equipped with a 100 kW diesel‑fueled backup generator for operational continuity during power outages.
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
$135,592
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
6.46%
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%
$2,711,840
$2.7M
Cap Rate 7%
$1,937,029
$1.9M
Cap Rate 9%
$1,506,578
$1.5M
Market Conditions
NOI Build-Up for 20,548 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
$221.9K $10.80/SF
− Vacancy
−$13.3K −$0.65/SF
EGI
$208.6K $10.15/SF
− OpEx
−$73.0K −$3.55/SF
NOI
$135.6K $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%
$2,711,840
Cap Rate 7%
$1,937,029
Cap Rate 9%
$1,506,578
Alternative Uses
Best Use
Flex RnD
$1.94M
$1.69M – $2.26M
NOI $135,592 @ 7.0% cap · market cap 6.46%
Second Best
Industrial
$1.84M
$1.61M – $2.14M
NOI $128,693 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$4.34M
$3.79M – $5.06M
NOI $303,584 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71107, LA
31,311
Population
13,636
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
137.2 sq mi
ZIP Area
228
Density / Sq Mi
$48,114
Median Household Income
$31,075
Median Earnings
$909
Median Rent
$157,000
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 - Two-building flex and warehouse campus includes an office with generator, plus fleet maintenance bays and a fenced yard.
Where is this flex space located?
The property is located at 4910 N Market Street Shreveport, LA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two‑building commercial campus totaling 20,548 SF, including a 7,328 SF office and 13,220 SF fleet maintenance facility.; Office building features multiple private offices, 3 restrooms, a dedicated conference room, and training areas, plus secure indoor and outdoor storage.; Office is equipped with a 100 kW diesel‑fueled backup generator for operational continuity during power outages.
