Light Industrial Building with Fenced
For Sale
$235,000
4111 Metro Drive, Shreveport, LA 71109
Zoned I-1 and built in 1982, featuring an office, kitchen, conference room, and a fenced storage yard.
Property Size3,000 SF
Price / SF$78.33
Days on Market15
Property Features for 4111 Metro Drive
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Industrial
Zoning
I-1
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
Office space
Kitchen area
Conference room
Perimeter security camera system
Building Details
Year Built
1982
Buildings
1
Building Size
3,000 SF
Listing Agency:
Pinnacle Realty Advisors
(318) 233-1045
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Jul 29
Changed: Aug 12
Last Checked: Aug 12 at 6:07AM
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 Pinnacle Realty Advisors
Investment Insights
Based on property information with market context.
This light industrial building offers 3,000 SF and includes office space, a kitchen area, and a conference room. The property is served by a perimeter security camera system and also features a large fenced storage yard, supporting operations that require outside secure storage.
The site is zoned I-1 (Light Industrial) and is currently used as a towing company office and storage yard. It is located at the west interchange of I-20 and I-220 in Shreveport, Louisiana, providing convenient interstate access for business activity.
Built in 1982, the building is well-suited for light industrial tenants needing both enclosed workspace and fenced outdoor storage.
The site is zoned I-1 (Light Industrial) and is currently used as a towing company office and storage yard. It is located at the west interchange of I-20 and I-220 in Shreveport, Louisiana, providing convenient interstate access for business activity.
Built in 1982, the building is well-suited for light industrial tenants needing both enclosed workspace and fenced outdoor storage.
Key Highlights
- 3,000 SF industrial building
- Zoned I‑1 (Light Industrial)
- Office space, kitchen area, and conference room
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
$19,796
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
8.42%
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%
$395,920
$395.9K
Cap Rate 7%
$282,800
$282.8K
Cap Rate 9%
$219,956
$220.0K
Market Conditions
NOI Build-Up for 3,000 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
$32.4K $10.80/SF
− Vacancy
−$1.9K −$0.65/SF
EGI
$30.5K $10.15/SF
− OpEx
−$10.7K −$3.55/SF
NOI
$19.8K $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%
$395,920
Cap Rate 7%
$282,800
Cap Rate 9%
$219,956
Alternative Uses
Best Use
Office B
$486.0K
$425.3K – $567.0K
NOI $34,020 @ 7.0% cap · market cap 14.48%
Second Best
Flex RnD
$282.8K
$247.5K – $329.9K
NOI $19,796 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$633.2K
$554.0K – $738.7K
NOI $44,323 @ 7.0% cap · market cap 18.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71109, LA
18,414
Population
9,099
Households
2
Avg Household Size
39
Median Age
14%
College-Educated
83%
High-School Grad
12.8 sq mi
ZIP Area
1,439
Density / Sq Mi
$31,309
Median Household Income
$25,695
Median Earnings
$896
Median Rent
$91,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Zoned I-1 and built in 1982, featuring an office, kitchen, conference room, and a fenced storage yard.
Where is this flex space located?
The property is located at 4111 Metro Drive Shreveport, LA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 3,000 SF industrial building; Zoned I‑1 (Light Industrial); Office space, kitchen area, and conference room
