Bossier City Office
1915 Citizens Bank Drive, Bossier City, LA 71111
For Sale
$360,000
2,764 SF office building for sale in Bossier City.
Property Size2,764 SF
Price / SF$130.25
Days on Market429
Property Features for 1915 Citizens Bank Drive
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Building Size
Year Built
Stories
Listing Agency:
Coldwell Banker Apex, REALTORS
Listed By:
Andrew Cordaro · License LA #995686324
(214) 500-0359
Source:
Cbcworldwide
Added: Sep 10, 2025
Changed: Aug 8
Last Checked: Aug 25 at 4:50AM
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 Coldwell Banker Apex, REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,764 SF office building is available for sale in Bossier City. The property features an open concept layout with a large, spacious work area, two private offices, a conference room, two restrooms, and an IT and storage room. The owner is willing to include cubicles in the sale. Situated on 0.32 acres, the property benefits from its location on Citizens Bank Drive, which now provides easy access to Benton Road and the Walter O. Bigby Carriageway.
Key Highlights
- Spacious 2,764 SF office building with open concept layout.
- Includes two private offices, conference room, two restrooms, IT room and storage.
- Owner willing to include cubicles in the sale.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,277
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,540
$545.5K
Cap Rate 7%
$389,671
$389.7K
Cap Rate 9%
$303,078
$303.1K
Market Conditions
NOI Build-Up for 2,764 SF
Gross rent
$42.8K $15.48/SF
− Vacancy
−$6.4K −$2.32/SF
EGI
$36.4K $13.16/SF
− OpEx
−$9.1K −$3.29/SF
NOI
$27.3K $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%
$545,540
Cap Rate 7%
$389,671
Cap Rate 9%
$303,078
Alternative Uses
Best Use
Office B
$389.7K
$341.0K – $454.6K
NOI $27,277 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$470.5K
$411.7K – $548.9K
NOI $32,936 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
384
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - 2,764 SF office building for sale in Bossier City.
Where is this office building located?
The property is located at 1915 Citizens Bank Drive Bossier City, LA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Spacious 2,764 SF office building with open concept layout.; Includes two private offices, conference room, two restrooms, IT room and storage.; Owner willing to include cubicles in the sale.
