Remodeled Flex Space with
For Sale
$525,000
302 montgomery street, Shreveport, LA 71107
Insulated flex property combines office and warehouse areas with updated exterior improvements.
Property Size7,200 SF
Price / SF$72.92
Days on Market923
Property Features for 302 montgomery street
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Industrial
Amenities
large windows
front counter
large office area
three restrooms
insulated building
newer roof
heat protectant coating
outside freshly painted
Water
Sewer
Listing Agency:
Pinnacle Realty Advisors
(318) 453-3373
Listed By:
Mike Moore · License #0995688224
(318) 453-3373
Source:
Lacdb.resimplifi
Added: Feb 21, 2024
Changed: Aug 30
Last Checked: Aug 31 at 12:51PM
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.
Located at 302 Montgomery Street in Shreveport, this 7200-square-foot flex property is configured for light industrial and warehouse use. The remodeled building includes a substantial office area with large front windows and a front service counter, along with warehouse space and three restrooms, including one positioned within the warehouse.
The building is insulated and has a newer roof with a heat-protectant coating. Exterior painting has also been completed, providing updated building finishes alongside the interior improvements. The combination of office accommodations, warehouse functionality, and multiple restrooms supports a range of commercial operations requiring both administrative and work areas.
The building is insulated and has a newer roof with a heat-protectant coating. Exterior painting has also been completed, providing updated building finishes alongside the interior improvements. The combination of office accommodations, warehouse functionality, and multiple restrooms supports a range of commercial operations requiring both administrative and work areas.
Key Highlights
- 7200 SF flex property at 302 Montgomery Street in Shreveport, LA 71107
- Remodeled light industrial building with office and warehouse areas
- Large front windows serving the office area
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
$47,511
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
9.05%
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%
$950,220
$950.2K
Cap Rate 7%
$678,729
$678.7K
Cap Rate 9%
$527,900
$527.9K
Market Conditions
NOI Build-Up for 7,200 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
$77.8K $10.80/SF
− Vacancy
−$4.7K −$0.65/SF
EGI
$73.1K $10.15/SF
− OpEx
−$25.6K −$3.55/SF
NOI
$47.5K $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%
$950,220
Cap Rate 7%
$678,729
Cap Rate 9%
$527,900
Alternative Uses
Best Use
Warehouse
$733.4K
$641.7K – $855.6K
NOI $51,335 @ 7.0% cap · market cap 9.78%
Second Best
Flex RnD
$678.7K
$593.9K – $791.9K
NOI $47,511 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,376 @ 7.0% cap · market cap 20.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
Well-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 - Insulated flex property combines office and warehouse areas with updated exterior improvements.
Where is this flex space located?
The property is located at 302 montgomery street Shreveport, LA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 7200 SF flex property at 302 Montgomery Street in Shreveport, LA 71107; Remodeled light industrial building with office and warehouse areas; Large front windows serving the office area
