Radiator Shop
For Sale
$75,000
2079 Texas Avenue, Shreveport, LA 71103
990 SF building suitable for auto or body shop.
Property Size990 SF
Price / SF$75.76
Days on Market102
Property Features for 2079 Texas Avenue
General Information
Standard status
Active
Size
990 SF
Property subtype
Commercial
Building Details
Year Built
1940
Listing Agency:
Summit Executive Realty
(318) 458-6759
Listed By:
Mary Ruffins · License #0099561874
(318) 458-6759
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Aug 1 at 11:46AM
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 Summit Executive Realty
Investment Insights
Based on property information with market context.
This 990 square foot building was previously used as a radiator shop and is suitable for use as a body shop. The seller is open to offers.
Key Highlights
- Suitable for use as a body shop.
- Building previously used as a radiator shop.
- Seller encourages offers.
Financial Insights For Industrial
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 | $9.5k | $9.60 |
| − Vacancy | −$646 | −$0.65 |
| EGI | $8.9k | $8.95 |
| − OpEx | −$2.7k | −$2.68 |
| NOI | $6.2k | $6.26 |
990 SF · lease $9.60/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$140.2K
$122.7K – $163.6K
NOI $9,813 @ 7.0% cap · market cap 13.08%
Second Best
Industrial
$88.6K
$77.5K – $103.3K
NOI $6,200 @ 7.0% cap · market cap 8.27%
Theoretical Best
Office A
$209.0K
$182.8K – $243.8K
NOI $14,627 @ 7.0% cap · market cap 19.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,538
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71103, LA
6,362
Population
3,264
Households
1.9
Avg Household Size
44
Median Age
13%
College-Educated
73%
High-School Grad
3.9 sq mi
ZIP Area
1,631
Density / Sq Mi
$27,958
Median Household Income
$23,622
Median Earnings
$827
Median Rent
$74,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Gerteis Motors — 1702 Kings Hwy, Shreveport, LA 71103
- Shreveport Mobile Truck Repair — 2727 Mansfield Rd, Shreveport, LA 71103
- BC Wheel Repair — 1625 W Kirby Pl, Shreveport, LA 71103
- BC Wheel Repair/Twin City Wheel Repair — 1625 W Kirby Pl, Shreveport, LA 71103
- automotive performance and fabrication — same buding as Warren's Automotive, 1520 W Kirby Pl, Shreveport, LA 71103
Frequently Asked Questions
What type of property is this?
Auto shop - 990 SF building suitable for auto or body shop.
Where is this auto shop located?
The property is located at 2079 Texas Avenue Shreveport, LA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Suitable for use as a body shop.; Building previously used as a radiator shop.; Seller encourages offers.
