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Retail Property with Two Buildings

220 E Kings Highway, Shreveport, LA 71104

For Sale
$1,150,000

CommercialSale, Shreveport, LA

Property Size3,737 SF
Lot Size0.89 Acres
Price / SF$307.73
Days on Market24

Property Features for 220 E Kings Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C-2
Subdivision Kings Hwy
Directions Please use GPS or call listing agent
Standard status Active
APN 171308-012-0038-00
Size 3,737 SF
Lot size 0.89 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1950
Floors in Building 1
Number of units 2
Building materials Block
Buildings 2
Listing Agency: Call It Closed International, Inc.
Listed By: Rodney Yoakum
Added: Oct 20 Changed: Nov 12 Last Checked: Nov 12 at 8:06AM
MLS# 21416430

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This retail property comprises two block buildings measuring 2,712 square feet and 1,025 square feet, for a combined 3,737 square feet. The buildings were constructed in 1950 and have central heating and central air conditioning. Public water and sewer serve the property, and multiple parking spaces are available.

The 0.89-acre property consists of three parcels associated with 208, 216, and 220 E. Kings Highway in Shreveport. The buildings are located at 220 E. Kings Highway and 208 and 216 E. Kings Highway.

Key Highlights

  • Two buildings measure 2,712 square feet and 1,025 square feet
  • Three parcels totaling 0.89 acres
  • Block construction; built in 1950

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,041
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,820 $740.8K
Cap Rate 7%
$529,157 $529.2K
Cap Rate 9%
$411,567 $411.6K
Market Conditions
NOI Build-Up for 3,737 SF
Gross rent
$56.1K $15.00/SF
− Vacancy
−$3.1K −$0.84/SF
EGI
$52.9K $14.16/SF
− OpEx
−$15.9K −$4.25/SF
NOI
$37.0K $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%
$740,820
Cap Rate 7%
$529,157
Cap Rate 9%
$411,567

Alternative Uses

Best Use
Retail
$529.2K
$463.0K – $617.4K (±1% cap)
NOI $37,041 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$788.7K
$690.2K – $920.2K (±1% cap)
NOI $55,212 @ 7.0% cap · market cap 4.80%
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

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Furniture & Home Goods Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Retail space in Shreveport, LA

$55.38 Jul
$89.96 Aug
$137 Sep
$130 Oct

Properties on Market for Retail space in Shreveport

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Three parcels and on-site parking support a multi-building commercial layout.
Where is this retail space located?
The property is located at 220 E Kings Highway 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: Two buildings measure 2,712 square feet and 1,025 square feet; Three parcels totaling 0.89 acres; Block construction; built in 1950
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