Corner Commercial Land With
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1901 N Market St, Shreveport, LA 71107
C-3-zoned parcel includes an existing structure and three curb cuts.
Property Size1,341 SF
Price / SF$7.46
Days on Market110
Property Features for 1901 N Market St
General Information
Standard status
Active
Size
1,341 SF
Property subtype
Retail
Zoning
C-3
Listing Agency:
Vintage Realty Company
Listed By:
Andrew Querbes · License #15409
(318) 222-2244
Source:
Lacdb.resimplifi
Added: Jun 28
Changed: Oct 6
Last Checked: Oct 14 at 7:41PM
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 Vintage Realty Company
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Investment Insights
Based on property information with market context.
This commercial land parcel is zoned C-3 and includes an existing convenience-store structure measuring 1,340 SF. The building may serve as storage, while the broader site offers a corner configuration with three existing curb cuts for access.
The property is located at 1901 N Market St in Shreveport, Louisiana, along a north-south thoroughfare reporting approximately 33,109 vehicles per day. Two curb cuts connect to N. Market St., with a third on Corporate Drive. The site also provides access to the Amazon Fulfillment Center, Loomis, and the Frito Lay distribution warehouse.
The property is located at 1901 N Market St in Shreveport, Louisiana, along a north-south thoroughfare reporting approximately 33,109 vehicles per day. Two curb cuts connect to N. Market St., with a third on Corporate Drive. The site also provides access to the Amazon Fulfillment Center, Loomis, and the Frito Lay distribution warehouse.
Key Highlights
- C‑3 zoning supports commercial land use
- Existing 1,340 SF convenience‑store structure on site
- Approximately 33,109 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,292
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,840
$265.8K
Cap Rate 7%
$189,886
$189.9K
Cap Rate 9%
$147,689
$147.7K
Market Conditions
NOI Build-Up for 1,341 SF
Gross rent
$20.1K $15.00/SF
− Vacancy
−$1.1K −$0.84/SF
EGI
$19.0K $14.16/SF
− OpEx
−$5.7K −$4.25/SF
NOI
$13.3K $9.91/SF
Area
Shreveport, LA
Vacancy
5.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,840
Cap Rate 7%
$189,886
Cap Rate 9%
$147,689
Alternative Uses
Best Use
Retail
$189.9K
$166.2K – $221.5K
NOI $13,292 @ 7.0% cap · market cap 132.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$283.0K
$247.7K – $330.2K
NOI $19,812 @ 7.0% cap · market cap 198.12%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
Explore this area
Business Placement
Demographics for 71107, LA
31,311
Population
13,636
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
137.2 sq mi
ZIP Area
228
Density / Sq Mi
$48,114
Median Household Income
$31,075
Median Earnings
$909
Median Rent
$157,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - C-3-zoned parcel includes an existing structure and three curb cuts.
Where is this commercial land located?
The property is located at 1901 N Market St Shreveport, LA.
What are key features of this property?
This property features: C‑3 zoning supports commercial land use; Existing 1,340 SF convenience‑store structure on site; Approximately 33,109 vehicles per day
