Six-Room Freestanding
For Sale
$256,900
3718 Youree Dr, Shreveport, LA 71105
Flexible interior layout includes a lobby, restroom, kitchenette, and paved parking with rear access.
Property Size1,770 SF
Price / SF$145.14
Days on Market1288
Property Features for 3718 Youree Dr
General Information
Standard status
Active
Size
1,770 SF
Property subtype
Retail
Zoning
C-UC
Listing Agency:
Louisiana Realty & Associates, LLC
Listed By:
Mike Anderson
(318) 349-6712
Source:
Lacdb.resimplifi
Added: Apr 8, 2023
Changed: Oct 3
Last Checked: Oct 14 at 7:52PM
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 Louisiana Realty & Associates, LLC
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Investment Insights
Based on property information with market context.
This freestanding retail building offers a six-room interior with a front lobby, restroom, and kitchenette. The layout has supported a sign business for more than twenty years and is presented for retail or professional use.
Front paved parking serves the building, while a driveway leads to additional parking behind the property. The site is on Youree Drive in Shreveport, across from Broadmoor Church and within an area described as high traffic. The property address is 3718 Youree Dr.
Front paved parking serves the building, while a driveway leads to additional parking behind the property. The site is on Youree Drive in Shreveport, across from Broadmoor Church and within an area described as high traffic. The property address is 3718 Youree Dr.
Key Highlights
- Six‑room freestanding storefront building
- Front lobby, restroom, and kitchenette included
- Front paved parking with driveway access to additional rear parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,544
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,880
$350.9K
Cap Rate 7%
$250,629
$250.6K
Cap Rate 9%
$194,933
$194.9K
Market Conditions
NOI Build-Up for 1,770 SF
Gross rent
$26.6K $15.00/SF
− Vacancy
−$1.5K −$0.84/SF
EGI
$25.1K $14.16/SF
− OpEx
−$7.5K −$4.25/SF
NOI
$17.5K $9.91/SF
Area
Shreveport, LA
Vacancy
5.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,880
Cap Rate 7%
$250,629
Cap Rate 9%
$194,933
Alternative Uses
Best Use
Retail
$250.6K
$219.3K – $292.4K
NOI $17,544 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$373.6K
$326.9K – $435.9K
NOI $26,151 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71105, LA
21,308
Population
11,139
Households
1.9
Avg Household Size
38
Median Age
45%
College-Educated
95%
High-School Grad
9.5 sq mi
ZIP Area
2,243
Density / Sq Mi
$66,758
Median Household Income
$48,396
Median Earnings
$1,247
Median Rent
$216,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Blossoms Fine Flowers & Gifts — 4019 Fern Ave #600, Shreveport, LA 71105
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible interior layout includes a lobby, restroom, kitchenette, and paved parking with rear access.
Where is this storefront property located?
The property is located at 3718 Youree Dr Shreveport, LA.
What is the asking price?
The asking price for this property is $256,900.
What are key features of this property?
This property features: Six‑room freestanding storefront building; Front lobby, restroom, and kitchenette included; Front paved parking with driveway access to additional rear parking
