2303 Line Avenue, Shreveport, LA 71104
Renovated office building with on-site parking, updated in 2023 for single-tenant architectural office use.
- Added:
- Jun 7, 2026
- Days on Market:
- 33
- Last Refresh:
- Jun 20 at 7:50 am
Property Features for 2303 Line Avenue
General Information
- Standard status
- Active
- Size
- 1,266 SF
- Property subtype
- Office
Building Details
- Year Built
- 1952
Listing office Walker-Alley & Associates
Listing date Jun 7, 2026
Source Xome
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HighLights
- Newly renovated single‑tenant office building on Line Ave at Boulevard Street, just north of Kings Hwy
- Completely remodeled in 2023 and converted to an architectural office from former medical clinic/medical office use
- Built in 1952
- Central air cooling and heating (system listed as '3')
- Large on‑site parking lot
- No pool
Overview
The property is located on Line Avenue at Boulevard Street, just north of Kings Highway, within the Historic Highland Neighborhood. The building also includes a large parking lot, supporting convenient customer and employee parking for day-to-day operations.
As a single-tenant office facility, this property is well-suited for professional firms seeking a turnkey, recently renovated space rather than a work-in-progress. The remodeling completed in 2023 provides an updated environment for an architecture office, while the parking lot helps accommodate visitors and staff throughout the workweek.
Local Financial Insights For Office B
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 | $22.8k | $18.00 |
| − Vacancy | −$3.6k | −$2.88 |
| EGI | $19.1k | $15.12 |
| − OpEx | −$4.8k | −$3.78 |
| NOI | $14.4k | $11.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.745708
- Latitude
- 32.489274