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    Office Building for Sale Title is generated by Realmo AI

    2850 Centenary Boulevard, Shreveport, LA 71104

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    Pending
    $385,000

    SINGLE_FAMILY - Shreveport, LA

    Type:Office
    Lot size:
    0.31 Acres
    Added:
    Apr 15, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 3 at 5:06 pm

    Property Features for 2850 Centenary Boulevard

    General Information

    Property type
    Residential
    Property subtype
    Office
    Parking features
    Covered
    Standard status
    Pending
    APN
    171307008004500
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Description
    LOTS 28 & 29, BLOCK C, GLADSTONE SUBN., 17130
    Tax Annual Amount
    6523

    Utilities

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

    Building Details

    Year built
    1998
    Floors in Building
    2
    Flooring type
    Tile, Combination, Carpet
    Building materials
    Brick
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Danielle Cummings

    Listing agent Danielle Cummings License #0995687005

    Listing office Walker-Alley & Associates Shreveport, LA

    Listing date Apr 15, 2026

    MLS# 20908318

    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.

    HighLights

    • Brick construction with asphalt shingle roof
    • Central heating and central air conditioning
    • Public water supply and public sewer connection
    • Flooring includes tile, combination, and carpet
    • Covered parking

    Overview

    This for-sale commercial property is configured as office units and/or office space, positioned for businesses that need a dedicated work environment. The offering sits on a 0.307-acre lot and is listed in connection with commercial real estate use. While specific interior layout and improvements are not provided here, the property is presented as an office-focused asset within the current offering.

    Located at 2850 Centenary Boulevard in Shreveport, Louisiana 71104, the property is in Caddo Parish. Prospective buyers and tenants can use the site’s address for navigation and scheduling showings, and it provides an identified fixed location for due diligence.

    Given its office-unit and office-space classification, this property may be a practical fit for owner-users and investors seeking a smaller-scale office holding. It can also work for professional tenants looking for a manageable site footprint to support day-to-day operations. Buyers should review the available office configuration, as well as any building systems and condition details, to confirm how the space aligns with their operational needs and occupancy plans.
    Property Profile Location Intelligence

    Current Use by Public Records

    Southern Research Co ... Law Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.734166
    Latitude
    32.484053

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    FAQs

    What type of property is this?
    Office units - For-sale office property on a compact lot, offering a straightforward option for professional service tenants.
    Where is this office units located?
    The property is located at 2850 Centenary Boulevard Shreveport, LA.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: Brick construction with asphalt shingle roof; Central heating and central air conditioning; Public water supply and public sewer connection
    (318) 222-2022
    We can help!
    Listing Contact
    Danielle Cummings
    Real Estate License ID: 0995687005
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    2850 Centenary Boulevard, Shreveport, LA 71104
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