Mixed-Use Property with Two
For Sale
$1,150,000
220 E Kings Hwy, Shreveport, LA 71104
Three parcels and on-site parking support a range of commercial configurations along a well-trafficked street.
Property Size3,737 SF
Price / SF$307.73
Days on Market19
Property Features for 220 E Kings Hwy
General Information
Standard status
Active
Size
3,737 SF
Property subtype
Commercial
Site & Location
Neighborhood
Highland
Building Details
Year Built
1950
Buildings
2
Listing Agency:
Call It Closed International, Inc.
Listed By:
Rodney Yoakum (833) 242-7007 · License #0995707621
(318) 918-8813
Source:
Granburyhomefinder
Added: Oct 12
Changed: Oct 30
Last Checked: Oct 30 at 2:14PM
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 Call It Closed International, Inc.
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Investment Insights
Based on property information with market context.
This mixed-use property comprises three parcels and two buildings totaling 3,737 square feet. One building contains 2,712 square feet, while the second contains 1,025 square feet. The structures are described as adaptable for retail, office, or warehouse use, and multiple parking spaces are available on site.
The parcels include 208, 216, and 220 E. Kings Highway in Shreveport. Positioned on a well-trafficked street, the property offers exposure to passing vehicles. The buildings date to 1950, and the site’s layout and zoning are described as supporting a range of potential uses.
The parcels include 208, 216, and 220 E. Kings Highway in Shreveport. Positioned on a well-trafficked street, the property offers exposure to passing vehicles. The buildings date to 1950, and the site’s layout and zoning are described as supporting a range of potential uses.
Key Highlights
- Three parcels at 208, 216, and 220 E. Kings Highway
- Two buildings totaling 3,737 square feet
- Building areas of 2,712 square feet and 1,025 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,360
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,200
$807.2K
Cap Rate 7%
$576,571
$576.6K
Cap Rate 9%
$448,444
$448.4K
Market Conditions
NOI Build-Up for 3,737 SF
Gross rent
$71.8K $19.20/SF
− Vacancy
−$7.2K −$1.92/SF
EGI
$64.6K $17.28/SF
− OpEx
−$24.2K −$6.48/SF
NOI
$40.4K $10.80/SF
Area
Shreveport, LA
Vacancy
10.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,200
Cap Rate 7%
$576,571
Cap Rate 9%
$448,444
Alternative Uses
Best Use
Mixed Use
$576.6K
$504.5K – $672.7K
NOI $40,360 @ 7.0% cap · market cap 3.51%
Second Best
Retail
$529.2K
$463.0K – $617.4K
NOI $37,041 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$788.7K
$690.2K – $920.2K
NOI $55,212 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
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Business Placement
Demographics for 71104, LA
13,680
Population
7,160
Households
1.9
Avg Household Size
36
Median Age
31%
College-Educated
94%
High-School Grad
3.9 sq mi
ZIP Area
3,508
Density / Sq Mi
$53,481
Median Household Income
$36,693
Median Earnings
$1,071
Median Rent
$163,300
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three parcels and on-site parking support a range of commercial configurations along a well-trafficked street.
Where is this mixed-use property located?
The property is located at 220 E Kings Hwy Shreveport, LA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three parcels at 208, 216, and 220 E. Kings Highway; Two buildings totaling 3,737 square feet; Building areas of 2,712 square feet and 1,025 square feet
