Office Condo Suites with Modern
For Sale
Contact for pricing
1923 Southern Loop, Shreveport, LA 71106
Newly built units offer move-in-ready interiors with convenient access between I-49 and Ellerbe Road.
Property Size1,000 SF
Lot Size2.00 Acres
Price / SF$0.03
Days on Market335
Property Features for 1923 Southern Loop
General Information
Standard status
Active
Size
1,000 SF
Total Parking Spaces
70
Lot size
2.00 Acres
Property subtype
Office
Lease Type
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
Vacant
70 Parking Spaces
Building Details
Year Built
2022
Buildings
5
Listing Agency:
Roger DeKay Real Estate
Listed By:
Roger DeKay, CCIM
(318) 426-8409
Source:
Lacdb.resimplifi
Added: Nov 15, 2025
Changed: Oct 11
Last Checked: Oct 14 at 7:44PM
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 Roger DeKay Real Estate
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Investment Insights
Based on property information with market context.
This office condominium property includes five buildings with 1,000 SF suites constructed in 2022. The units feature modern build-outs and are described as move-in ready, providing a completed office setting for an owner-user or occupant. The property is offered for sale.
The approximately two-acre site is positioned on Southern Loop near Norris Ferry and sits between I-49 and Ellerbe Road. It includes 300 feet of frontage along Southern Loop, 70 parking spaces, and an adjacent Johnny's Pizza location. The office suites are part of a larger commercial setting serving the southeast Shreveport area.
The approximately two-acre site is positioned on Southern Loop near Norris Ferry and sits between I-49 and Ellerbe Road. It includes 300 feet of frontage along Southern Loop, 70 parking spaces, and an adjacent Johnny's Pizza location. The office suites are part of a larger commercial setting serving the southeast Shreveport area.
Key Highlights
- Five office condo buildings with 1,000 SF suites
- Constructed in 2022 with modern build‑outs
- Approximately two‑acre property on Southern Loop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,340
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,800
$226.8K
Cap Rate 7%
$162,000
$162.0K
Cap Rate 9%
$126,000
$126.0K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$18.0K $18.00/SF
− Vacancy
−$2.9K −$2.88/SF
EGI
$15.1K $15.12/SF
− OpEx
−$3.8K −$3.78/SF
NOI
$11.3K $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%
$226,800
Cap Rate 7%
$162,000
Cap Rate 9%
$126,000
Alternative Uses
Best Use
Office B
$162.0K
$141.8K – $189.0K
NOI $11,340 @ 7.0% cap · market cap 41,086.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$211.1K
$184.7K – $246.2K
NOI $14,774 @ 7.0% cap · market cap 53,528.99%
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
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,513
Businesses Nearby
Explore this area
Business Placement
Demographics for 71106, LA
34,906
Population
15,415
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
33.2 sq mi
ZIP Area
1,051
Density / Sq Mi
$77,724
Median Household Income
$48,949
Median Earnings
$890
Median Rent
$310,300
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 units - Newly built units offer move-in-ready interiors with convenient access between I-49 and Ellerbe Road.
Where is this office units located?
The property is located at 1923 Southern Loop Shreveport, LA.
What are key features of this property?
This property features: Five office condo buildings with 1,000 SF suites; Constructed in 2022 with modern build‑outs; Approximately two‑acre property on Southern Loop
