Flex Space with Drive-Through
For Sale
$1,700,000
7066 Adams Ln, Greenwood, LA 71033
Rock-stabilized acreage combines office, shop, and covered vehicle-work areas for industrial operations.
Property Size8,000 SF
Price / SF$212.50
Days on Market566
Property Features for 7066 Adams Ln
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Industrial
Listing Agency:
Sealy Real Estate Services LLC
Listed By:
Patrick Beauvais · License #995704254
(318) 213-1555
Source:
Lacdb.resimplifi
Added: Mar 31, 2025
Changed: Oct 16
Last Checked: Oct 16 at 5:46AM
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 Sealy Real Estate Services LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property includes an 8,000-square-foot industrial building with 1,200 square feet of office space and 6,800 square feet of shop area. The broader improvements provide 10,000 square feet under roof, along with five 16’ x 14’ roll-up doors. Two doors allow pass-through movement, while three are electric and two are manual. The shop also includes plywood protection along the lower 8 feet of its interior walls and an interior water drain for cleanup and maintenance.
The 6.23-acre yard is stabilized with rock and includes 10-foot overhangs on both the east and west sides. A 30’ x 110’ open-air drive-through section adds covered staging space for vehicles or equipment. The property is located 1.25 miles from I-20, providing access to regional transportation routes.
The 6.23-acre yard is stabilized with rock and includes 10-foot overhangs on both the east and west sides. A 30’ x 110’ open-air drive-through section adds covered staging space for vehicles or equipment. The property is located 1.25 miles from I-20, providing access to regional transportation routes.
Key Highlights
- 6.23‑acre rock‑stabilized industrial yard
- 8,000 SF industrial building with 1,200 SF of office and 6,800 SF of shop space
- 10,000 square feet under roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,080
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,341,600
$1.3M
Cap Rate 7%
$958,286
$958.3K
Cap Rate 9%
$745,333
$745.3K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$120.0K $15.00/SF
− Vacancy
−$16.8K −$2.10/SF
EGI
$103.2K $12.90/SF
− OpEx
−$36.1K −$4.52/SF
NOI
$67.1K $8.39/SF
Area
Caddo County, LA
Vacancy
14.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,341,600
Cap Rate 7%
$958,286
Cap Rate 9%
$745,333
Alternative Uses
Best Use
Flex RnD
$958.3K
$838.5K – $1.12M
NOI $67,080 @ 7.0% cap · market cap 3.95%
Second Best
Warehouse
$430.4K
$376.6K – $502.1K
NOI $30,127 @ 7.0% cap · market cap 1.77%
Theoretical Best
Specialty Retail
$1.58M
$1.39M – $1.85M
NOI $110,802 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71033, LA
3,581
Population
1,678
Households
2.1
Avg Household Size
46
Median Age
25%
College-Educated
90%
High-School Grad
29.6 sq mi
ZIP Area
121
Density / Sq Mi
$51,997
Median Household Income
$50,509
Median Earnings
$576
Median Rent
$212,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Rock-stabilized acreage combines office, shop, and covered vehicle-work areas for industrial operations.
Where is this flex space located?
The property is located at 7066 Adams Ln Greenwood, LA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 6.23‑acre rock‑stabilized industrial yard; 8,000 SF industrial building with 1,200 SF of office and 6,800 SF of shop space; 10,000 square feet under roof
