Freestanding Office Building with Overhead
For Sale
Contact for pricing
2850 N Market St, Shreveport, LA 71107
Open interior layout with overhead access and a large parking area.
Property Size10,000 SF
Days on Market891
Property Features for 2850 N Market St
General Information
Standard status
Active
Size
10,000 SF
Total Parking Spaces
50
Property subtype
Office
Zoning
C-3
Lease Type
Net
Additional Details
Highway Access
Yes
Amenities
Power
Water
Sewer
Natural Gas
Vacant
50 Parking Spaces
Building Details
Year Built
2000
Buildings
1
Building Size
10,000 SF
Listing Agency:
Walker-Alley & Associates
Listed By:
Chris Stokes · License #BROK.995717623-ASA
(318) 222-2022
Source:
Lacdb.resimplifi
Added: May 12, 2024
Changed: Oct 12
Last Checked: Oct 16 at 5:50AM
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
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Investment Insights
Based on property information with market context.
This freestanding office building provides 9,969 square feet of predominantly open interior space. The property includes a 6-foot by 8-foot overhead door and a large parking lot, offering a configuration that combines office classification with practical vehicle and equipment access. Built in 2000, the building is zoned C-3.
The property is located at 2850 N Market St in Shreveport, Louisiana. It is positioned in North Shreveport near North Market and provides access to I-220. The open layout, overhead door, parking capacity, and commercial zoning define the property’s primary physical and operational characteristics.
The property is located at 2850 N Market St in Shreveport, Louisiana. It is positioned in North Shreveport near North Market and provides access to I-220. The open layout, overhead door, parking capacity, and commercial zoning define the property’s primary physical and operational characteristics.
Key Highlights
- 9,969‑square‑foot freestanding office building
- Predominantly open interior layout
- 6‑foot by 8‑foot overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,048
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,260,960
$2.3M
Cap Rate 7%
$1,614,971
$1.6M
Cap Rate 9%
$1,256,089
$1.3M
Market Conditions
NOI Build-Up for 9,969 SF
Gross rent
$179.4K $18.00/SF
− Vacancy
−$28.7K −$2.88/SF
EGI
$150.7K $15.12/SF
− OpEx
−$37.7K −$3.78/SF
NOI
$113.0K $11.34/SF
Area
Shreveport, LA
Vacancy
16.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,260,960
Cap Rate 7%
$1,614,971
Cap Rate 9%
$1,256,089
Alternative Uses
Best Use
Office B
$1.61M
$1.41M – $1.88M
NOI $113,048 @ 7.0% cap · market cap 2,685,225.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.10M
$1.84M – $2.45M
NOI $147,286 @ 7.0% cap · market cap 3,498,479.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Open interior layout with overhead access and a large parking area.
Where is this office building located?
The property is located at 2850 N Market St Shreveport, LA.
What are key features of this property?
This property features: 9,969‑square‑foot freestanding office building; Predominantly open interior layout; 6‑foot by 8‑foot overhead door
