Office Unit Near Hamilton
For Sale
$295,000
1901 E Texas St, Bossier City, LA 71111
Office space in Bossier City near Hamilton Road, with a 1981 construction date.
Property Size2,211 SF
Price / SF$133.42
Days on Market83
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Property Features for 1901 E Texas St
General Information
Standard status
Active
Size
2,211 SF
Building Details
Year Built
1981
Listing Agency:
Mary Huckaby Real Estate
Listed By:
Mary Huckaby · License #0000077697
(318) 868-5658
Source:
Minteerteam
Added: Jul 25
Changed: Oct 5
Last Checked: Oct 7 at 1:35PM
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 Mary Huckaby Real Estate
Investment Insights
Based on property information with market context.
This office unit is located at 1901 E Texas St in Bossier City. The property was constructed in 1981 and is positioned near Hamilton Road, providing a defined setting for office use. Its location and existing office classification support consideration by users seeking commercial workspace in the Bossier City market.
Key Highlights
- Office unit at 1901 E Texas St, Bossier City, LA 71111
- Located near Hamilton Road
- Constructed in 1981
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,819
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,380
$436.4K
Cap Rate 7%
$311,700
$311.7K
Cap Rate 9%
$242,433
$242.4K
Market Conditions
NOI Build-Up for 2,211 SF
Gross rent
$34.2K $15.48/SF
− Vacancy
−$5.1K −$2.32/SF
EGI
$29.1K $13.16/SF
− OpEx
−$7.3K −$3.29/SF
NOI
$21.8K $9.87/SF
Area
Bossier County, LA
Vacancy
15.00%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,380
Cap Rate 7%
$311,700
Cap Rate 9%
$242,433
Alternative Uses
Best Use
Office B
$311.7K
$272.7K – $363.7K
NOI $21,819 @ 7.0% cap · market cap 7.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$376.4K
$329.3K – $439.1K
NOI $26,346 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Office space in Bossier City near Hamilton Road, with a 1981 construction date.
Where is this office units located?
The property is located at 1901 E Texas St Bossier City, LA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Office unit at 1901 E Texas St, Bossier City, LA 71111; Located near Hamilton Road; Constructed in 1981
