Freestanding Retail Storefront with Extra
For Sale
$215,000
5932 Linwood Ave, Shreveport, LA 71108
C-2-zoned property combines a freestanding storefront with an additional commercial parcel directly behind it.
Property Size1,824 SF
Price / SF$117.87
Days on Market39
Property Features for 5932 Linwood Ave
General Information
Standard status
Active
Size
1,824 SF
Site & Location
Pylon Signage
Yes
Utilities to Site
Yes
Amenities
central HVAC
city water and sewer
storefront access
former service-window configuration
paved parking
Building Details
Year Built
1960
Buildings
1
Listing Agency:
Durden Property Group LLC
Listed By:
Gerod Durden, Joshua Durden · License #0995703634
(318) 848-7826
Source:
Minteerteam
Added: Aug 30
Changed: Oct 5
Last Checked: Oct 5 at 11:30PM
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 Durden Property Group LLC
Investment Insights
Based on property information with market context.
This offering includes a freestanding retail building containing 1,824 square feet, with storefront access, central HVAC, city water and sewer, paved parking, pole signage, and a former service-window configuration. The property previously operated as Apollo Liquor and provides an established setting for retail or other commercial use subject to zoning and applicable approvals.
The primary building is located at 5932 Linwood Ave in Shreveport, Louisiana. The sale also includes 409 Fuller Street, a 6,000± square-foot commercial lot positioned directly behind the building. Both parcels are offered together, creating a combined storefront-and-lot configuration within C-2 zoning.
The primary building is located at 5932 Linwood Ave in Shreveport, Louisiana. The sale also includes 409 Fuller Street, a 6,000± square-foot commercial lot positioned directly behind the building. Both parcels are offered together, creating a combined storefront-and-lot configuration within C-2 zoning.
Key Highlights
- 1,824‑square‑foot freestanding retail building
- Additional 6,000± SF commercial lot at 409 Fuller Street
- Second parcel is directly behind the primary property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,079
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,580
$361.6K
Cap Rate 7%
$258,271
$258.3K
Cap Rate 9%
$200,878
$200.9K
Market Conditions
NOI Build-Up for 1,824 SF
Gross rent
$27.4K $15.00/SF
− Vacancy
−$1.5K −$0.84/SF
EGI
$25.8K $14.16/SF
− OpEx
−$7.7K −$4.25/SF
NOI
$18.1K $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%
$361,580
Cap Rate 7%
$258,271
Cap Rate 9%
$200,878
Alternative Uses
Best Use
Specialty Retail
$289.6K
$253.4K – $337.9K
NOI $20,274 @ 7.0% cap · market cap 9.43%
Second Best
Retail
$258.3K
$226.0K – $301.3K
NOI $18,079 @ 7.0% cap · market cap 8.41%
Theoretical Best
Office A
$385.0K
$336.9K – $449.2K
NOI $26,949 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71108, LA
17,727
Population
8,341
Households
2.1
Avg Household Size
35
Median Age
7%
College-Educated
78%
High-School Grad
8.5 sq mi
ZIP Area
2,086
Density / Sq Mi
$32,116
Median Household Income
$25,575
Median Earnings
$1,075
Median Rent
$81,300
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
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Frequently Asked Questions
What type of property is this?
Storefront property - C-2-zoned property combines a freestanding storefront with an additional commercial parcel directly behind it.
Where is this storefront property located?
The property is located at 5932 Linwood Ave Shreveport, LA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1,824‑square‑foot freestanding retail building; Additional 6,000± SF commercial lot at 409 Fuller Street; Second parcel is directly behind the primary property
