Four-Unit Strip
1850 Nelson St Shreveport, LA 71107
1850 Nelson St, Shreveport, LA, 71107
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For Sale
Contact for pricing
Four-unit strip center with two units owner-occupied as a chiropractic care clinic.
Property Size6,000 SF
Lot Size0.46 Acres
Price / SF$133.33
Days on Market224
Property Features for 1850 Nelson St
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 0.46 Acres
- Property subtype
- RETAIL
Listing agency
Estep & Associates Real Estate Services
(318) 349-6467
Listed by
Cindi Estep · License #0995716603
(318) 349-6467
Source
Moodyscre
Added: Dec 11, 2025 Updated: Jul 22 at 7:04PM Checked: Jul 22 at 7:04PM
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 Estep & Associates Real Estate Services
Investment Insights
Based on property information with market context.
This four-unit strip center totals approximately 6,000 square feet and sits on about 0.46 acres. The property is currently owner-occupied and operated as a chiropractic care clinic, with two of the four units in use for that purpose.
The center is located just off N Market Street at 1850 Nelson St in Shreveport, LA. It is positioned across from an AutoZone and close to the Amazon Fulfillment Center, not far from the Northwest Shreveport Campus of Louisiana Technical College.
For sale as a redevelopment opportunity, the building’s existing four-unit configuration provides flexibility for future use while maintaining income-producing space where applicable.
The center is located just off N Market Street at 1850 Nelson St in Shreveport, LA. It is positioned across from an AutoZone and close to the Amazon Fulfillment Center, not far from the Northwest Shreveport Campus of Louisiana Technical College.
For sale as a redevelopment opportunity, the building’s existing four-unit configuration provides flexibility for future use while maintaining income-producing space where applicable.
Key Highlights
- Four‑unit strip center on 0.46 acres
- Owner‑occupied property with two units currently used as a chiropractic care clinic
- Located just off N Market Street, across from AutoZone
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $18.00 |
| − Vacancy | −$17.3k | −$2.88 |
| EGI | $90.7k | $15.12 |
| − OpEx | −$22.7k | −$3.78 |
| NOI | $68.0k | $11.34 |
6,000 SF · lease $18.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$972.0K
$850.5K – $1.13M
NOI $68,040 @ 7.0% cap · market cap 8.51%
Second Best
Healthcare Medical
$965.2K
$844.6K – $1.13M
NOI $67,565 @ 7.0% cap · market cap 8.45%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,646 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
PrintScan - Authorized Fingerprinting ...
Fingerprinting Service
DNA Testing Services ...
Medical Clinic
Michael W. Taylor, ...
Alternative Medicine Practice
Fingerprinting and Background Checks ...
Medical Clinic
North Market Chiropractic ...
Alternative Medicine Practice
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FAQs
What type of property is this?
Strip mall - Four-unit strip center with two units owner-occupied as a chiropractic care clinic.
Where is this strip mall located?
The property is located at 1850 Nelson St Shreveport, LA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Four‑unit strip center on 0.46 acres; Owner‑occupied property with two units currently used as a chiropractic care clinic; Located just off N Market Street, across from AutoZone
