Two-Building Flex
For Sale
$239,900
1623 Benton Rd, Bossier City, LA 71111
Includes an office building and a separate rear building with prior commercial production use.
Property Size3,292 SF
Price / SF$72.87
Days on Market75
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 1623 Benton Rd
General Information
Standard status
Active
Size
3,292 SF
Additional Details
Road Access
Yes
Building Details
Year Built
1957
Buildings
2
Listing Agency:
Diamond Realty & Associates
Listed By:
Jeffrey Wyatt · License #0000000344
(318) 746-0011
Source:
Heritance
Added: Aug 2
Changed: Oct 10
Last Checked: Oct 7 at 5:42PM
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 Diamond Realty & Associates
Investment Insights
Based on property information with market context.
This flex property includes two buildings at 1621 and 1623 Benton Rd in Bossier City. The building positioned toward the road previously accommodated CPA office operations, while the rear structure was used for screen-printing activity. The property dates to 1957 and offers a combination of office and production-oriented building layouts.
Key Highlights
- Two‑building flex property at 1621 and 1623 Benton Rd
- Front building previously used for CPA office operations
- Rear building previously used for screen‑printing activity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,329
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,580
$386.6K
Cap Rate 7%
$276,129
$276.1K
Cap Rate 9%
$214,767
$214.8K
Market Conditions
NOI Build-Up for 3,292 SF
Gross rent
$29.6K $9.00/SF
− Vacancy
−$2.0K −$0.61/SF
EGI
$27.6K $8.39/SF
− OpEx
−$8.3K −$2.52/SF
NOI
$19.3K $5.87/SF
Area
Bossier County, LA
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,580
Cap Rate 7%
$276,129
Cap Rate 9%
$214,767
Alternative Uses
Best Use
Office B
$464.1K
$406.1K – $541.5K
NOI $32,487 @ 7.0% cap · market cap 13.54%
Second Best
Flex RnD
$405.8K
$355.1K – $473.4K
NOI $28,404 @ 7.0% cap · market cap 11.84%
Theoretical Best
Office A
$560.4K
$490.3K – $653.8K
NOI $39,227 @ 7.0% cap · market cap 16.35%
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
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71111, LA
44,476
Population
19,563
Households
2.3
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
45.2 sq mi
ZIP Area
984
Density / Sq Mi
$66,465
Median Household Income
$43,483
Median Earnings
$1,065
Median Rent
$268,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Includes an office building and a separate rear building with prior commercial production use.
Where is this flex space located?
The property is located at 1623 Benton Rd Bossier City, LA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑building flex property at 1621 and 1623 Benton Rd; Front building previously used for CPA office operations; Rear building previously used for screen‑printing activity
