Three-Building Light Industrial
For Sale
$182,500
Pending
2303 Bishop Street, Shreveport, LA 71103
COMMERCIAL - Shreveport, LA
Property Size1,500 SF
Lot Size1.13 Acres
Days on Market674
Property Features for 2303 Bishop Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Open
Elementary school
Louisiana
Middle school
Louisiana
High school
Louisiana
Elementary school district
Caddo PSB
Middle school district
Caddo PSB
High school district
Caddo PSB
Standard status
Pending
APN
171411-044-0031-00
Lot size
1.13 Acres
Taxes and HOA fees
Tax Description
LOTS 31, 32, 33, 34, 35, 36 & 37, MONT-MAC SUB 171
Legal Description
LOTS 31, 32, 33, 34, 35, 36 & 37, MONT-MAC SUB 171
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Building materials
Brick, MetalSiding
Listing Agency:
Tahira & Associates Realty Inc
(318) 425-2707
Listed By:
Tahira Abdul-Rahman · License #0000000058
(318) 425-2707
Added: Sep 30, 2024
Changed: Aug 2
Last Checked: Aug 4 at 2:06PM
MLS# 277375NL
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.
Investment Insights
Based on property information with market context.
This three-building warehouse property includes one office building, one shop building, and one warehouse building, situated on approximately 1.13 acres. The office building has 1,500 sq. ft. The shop provides 6,000 sq. ft. of work space, and the warehouse offers 5,800 sq. ft. of storage space. Construction materials include brick and metal siding.
The property is zoned Light Industrial (I-L) and is served by public water and public sewer, with all city utilities available. Parking is listed as open. Minerals are not included with the sale.
Located near Old Mansfield Road, the layout is designed to support multiple industrial functions under one ownership, with separate space types for office, shop work, and warehouse storage.
The property is zoned Light Industrial (I-L) and is served by public water and public sewer, with all city utilities available. Parking is listed as open. Minerals are not included with the sale.
Located near Old Mansfield Road, the layout is designed to support multiple industrial functions under one ownership, with separate space types for office, shop work, and warehouse storage.
Key Highlights
- Three separate buildings: office, shop, and warehouse on approx. 1.13 acres
- Office building with 1,500 sq. ft.
- Shop building with 6,000 sq. ft. of work space
Financial Insights For Warehouse
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 | $13.5k | $9.00 |
| − Vacancy | −$918 | −$0.61 |
| EGI | $12.6k | $8.39 |
| − OpEx | −$1.9k | −$1.26 |
| NOI | $10.7k | $7.13 |
1,500 SF · lease $9.00/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$243.0K
$212.6K – $283.5K
NOI $17,010 @ 7.0% cap · market cap 9.32%
Second Best
Warehouse
$152.8K
$133.7K – $178.3K
NOI $10,695 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$316.6K
$277.0K – $369.4K
NOI $22,162 @ 7.0% cap · market cap 12.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,685
Businesses Nearby
Under-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
Properties on Market for Warehouses in Shreveport
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Gomze — 3818 Linwood Ave, Shreveport, LA 71103
Frequently Asked Questions
What type of property is this?
Warehouse - Three-building warehouse property zoned Light Industrial (I-L) on 1.13 acres with all city utilities and open parking.
Where is this warehouse located?
The property is located at 2303 Bishop Street Shreveport, LA.
What is the asking price?
The asking price for this property is $182,500.
What are key features of this property?
This property features: Three separate buildings: office, shop, and warehouse on approx. 1.13 acres; Office building with 1,500 sq. ft.; Shop building with 6,000 sq. ft. of work space
