Office Building with Private
For Sale
Contact for pricing
1838 Texas Avenue, Shreveport, LA 71103
Move-in-ready office building with fenced, well-lit parking and flexible room layouts under C-3 zoning.
Property Size4,084 SF
Price / SF$0.28
Days on Market107
Property Features for 1838 Texas Avenue
General Information
Standard status
Active
Size
4,084 SF
Property subtype
Office
Zoning
C-3
Additional Details
Business Included
Yes
Fenced Yard
Yes
Office Units
3
Building Details
Year Built
1985
Listing Agency:
Keller Williams Northwest
(318) 213-1555
Listed By:
Christol Britton · License #0912122250
(318) 773-0231
Source:
Lonestarluxuryrealty
Added: Jul 5
Changed: Oct 16
Last Checked: Oct 16 at 9:15AM
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 Keller Williams Northwest
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Investment Insights
Based on property information with market context.
This commercial office building at 1838 Texas Avenue is clean, well-maintained, and move-in ready. The interior includes multiple offices and rooms that can be reconfigured to fit different business needs, with shared restrooms available for occupants. The property also includes a private parking lot that is fully fenced and well-lit, supporting day-to-day access and tenant convenience.
Zoned C-3, the building is positioned to support a broad mix of business uses, including office, retail, restaurant, reception facility, art gallery, studio, tattoo shop, tutoring center, meeting hall, lodge, and light vehicle repair, as well as pet grooming. A large warehouse next door is also available for lease separately if additional storage or operational space is needed.
The building is available for sale, and three office spaces are currently available for lease at $1,150 per month each. The combination of flexible room configurations, shared amenity access, and controlled, fenced parking makes the setup practical for small businesses, professionals, and other service-oriented tenants seeking an adaptable layout.
Zoned C-3, the building is positioned to support a broad mix of business uses, including office, retail, restaurant, reception facility, art gallery, studio, tattoo shop, tutoring center, meeting hall, lodge, and light vehicle repair, as well as pet grooming. A large warehouse next door is also available for lease separately if additional storage or operational space is needed.
The building is available for sale, and three office spaces are currently available for lease at $1,150 per month each. The combination of flexible room configurations, shared amenity access, and controlled, fenced parking makes the setup practical for small businesses, professionals, and other service-oriented tenants seeking an adaptable layout.
Key Highlights
- Commercial building built in 1985 with C‑3 zoning for a wide range of uses
- Multiple offices and rooms with flexible layout that can be reconfigured for different tenant needs
- Private, fully fenced, well‑lit parking lot with tenant access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,313
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,260
$926.3K
Cap Rate 7%
$661,614
$661.6K
Cap Rate 9%
$514,589
$514.6K
Market Conditions
NOI Build-Up for 4,084 SF
Gross rent
$73.5K $18.00/SF
− Vacancy
−$11.8K −$2.88/SF
EGI
$61.8K $15.12/SF
− OpEx
−$15.4K −$3.78/SF
NOI
$46.3K $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%
$926,260
Cap Rate 7%
$661,614
Cap Rate 9%
$514,589
Alternative Uses
Best Use
Office B
$661.6K
$578.9K – $771.9K
NOI $46,313 @ 7.0% cap · market cap 4,027.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$862.0K
$754.2K – $1.01M
NOI $60,339 @ 7.0% cap · market cap 5,246.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
3
Office units
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
652
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
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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 unit - Move-in-ready office building with fenced, well-lit parking and flexible room layouts under C-3 zoning.
Where is this office unit located?
The property is located at 1838 Texas Avenue Shreveport, LA.
What are key features of this property?
This property features: Commercial building built in 1985 with C‑3 zoning for a wide range of uses; Multiple offices and rooms with flexible layout that can be reconfigured for different tenant needs; Private, fully fenced, well‑lit parking lot with tenant access
