Industrial Warehouse
For Sale
$182,500
Pending
2303 Bishop Street, Shreveport, LA 71103
CommercialSale, Shreveport, LA
Property Size1,500 SF
Lot Size1.13 Acres
Days on Market738
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) 840-4916
Added: Sep 30, 2024
Changed: Sep 6
Last Checked: Oct 7 at 8:06PM
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 industrial property comprises three separate buildings on approximately 1.13 acres: a 1,500-square-foot office, a 6,000-square-foot shop with work space, and a 5,800-square-foot warehouse providing storage. Construction includes brick and metal siding, with open parking serving the site.
The property is located near Old Mansfield Road at 2303 Bishop Street in Shreveport. It carries Light Industrial (I-L) zoning and is served by city utilities, including public water and public sewer. Minerals are excluded from the sale.
The property is located near Old Mansfield Road at 2303 Bishop Street in Shreveport. It carries Light Industrial (I-L) zoning and is served by city utilities, including public water and public sewer. Minerals are excluded from the sale.
Key Highlights
- Three separate buildings: 1 office, 1 shop, and 1 warehouse
- Approximately 1.13 acres of land
- 1,500 sq. ft. office building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,695
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,900
$213.9K
Cap Rate 7%
$152,786
$152.8K
Cap Rate 9%
$118,833
$118.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$13.5K $9.00/SF
− Vacancy
−$918 −$0.61/SF
EGI
$12.6K $8.39/SF
− OpEx
−$1.9K −$1.26/SF
NOI
$10.7K $7.13/SF
Area
Shreveport, LA
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,900
Cap Rate 7%
$152,786
Cap Rate 9%
$118,833
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
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
883
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Gomze — 3818 Linwood Ave, Shreveport, LA 71103
Frequently Asked Questions
What type of property is this?
Warehouse - Three-building industrial property with office, shop, and warehouse components.
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: 1 office, 1 shop, and 1 warehouse; Approximately 1.13 acres of land; 1,500 sq. ft. office building
