Claiborne Avenue Office/Medical
For Sale
Contact for pricing
1714 Claiborne Ave, Shreveport, LA 71103
Office/medical building with expansion potential on 1.34 acres.
Property Size7,660 SF
Lot Size1.34 Acres
Price / SF$129.90
Days on Market165
Property Features for 1714 Claiborne Ave
General Information
Standard status
Active
Size
7,660 SF
Class
A
Total Parking Spaces
42
Lot size
1.34 Acres
Property subtype
Office, Mixed Use
Zoning
I-MU
Building Details
Year Built
2007
Buildings
2
Listing Agency:
Beth King Real Estate, LLC
Listed By:
Beth King · License #LA 995706795
(318) 222-8700
Source:
Crexi
Added: Mar 26
Changed: Aug 14
Last Checked: Sep 4 at 6:04AM
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 Beth King Real Estate, LLC
Investment Insights
Based on property information with market context.
The property at 1714 Claiborne Avenue features a 6,610-square-foot building and an approximately 1,000-square-foot storage building, situated on 1.34 acres of land. The site includes architecturally stunning monument signage at the corner of Claiborne and McWillie, which can be modified. The grounds are well-landscaped and offer 42 parking spaces, with excess land available for building or parking expansion. The building's efficient design maximizes space utility, incorporating a large waiting room and reception area, three offices (adaptable as additional exam rooms), a file room, break room, conference room, handicap restrooms, nine workstations, a mock apartment (convertible for lab use), a separate server room, and tutor rooms. A large covered walkway provides convenient access during inclement weather. The property is suitable for various office, medical office, or research space applications.
Key Highlights
- 6,610 SF building on 1.34 acres with additional 1,000 SF storage building.
- Excess land allows for building and/or parking expansion.
- Ideal for office, medical office, or research space.
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
$86,864
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
8.73%
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%
$1,737,280
$1.7M
Cap Rate 7%
$1,240,914
$1.2M
Cap Rate 9%
$965,156
$965.2K
Market Conditions
NOI Build-Up for 7,660 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
$137.9K $18.00/SF
− Vacancy
−$22.1K −$2.88/SF
EGI
$115.8K $15.12/SF
− OpEx
−$29.0K −$3.78/SF
NOI
$86.9K $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 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%
$1,737,280
Cap Rate 7%
$1,240,914
Cap Rate 9%
$965,156
Alternative Uses
Best Use
Office B
$1.24M
$1.09M – $1.45M
NOI $86,864 @ 7.0% cap · market cap 8.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.41M – $1.89M
NOI $113,172 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,539
Businesses Nearby
Explore this area
Business Placement
Demographics for 71103, LA
6,362
Population
3,264
Households
1.9
Avg Household Size
44
Median Age
13%
College-Educated
73%
High-School Grad
3.9 sq mi
ZIP Area
1,631
Density / Sq Mi
$27,958
Median Household Income
$23,622
Median Earnings
$827
Median Rent
$74,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office/medical building with expansion potential on 1.34 acres.
Where is this office building located?
The property is located at 1714 Claiborne Ave Shreveport, LA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 6,610 SF building on 1.34 acres with additional 1,000 SF storage building.; Excess land allows for building and/or parking expansion.; Ideal for office, medical office, or research space.
