Office Building With
New
For Sale
$375,000
307 Wall Street, Shreveport, LA 71101
CommercialSale, Shreveport, LA
Property Size4,693 SF
Lot Size0.12 Acres
Price / SF$79.91
Days on Market3
Property Features for 307 Wall Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Parking features
Parking Lot, On Street
Security features
Security
Subdivision
Highland Park Sub
Lot features
Corner Lot
Directions
From downtown, the property is on the corner of Wall St and Marshall St, or near the intersection of Marshall and Stoner.
Standard status
Active
APN
181331071000300
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
LOT 3, BLK B, HIGHLAND PARK SUB
Tax Annual Amount
1699
Legal Description
LOT 3, BLK B, HIGHLAND PARK SUB
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1940
Floors in Building
1
Number of units
1
Flooring type
Tile, Carpet
Building materials
Concrete
Roof type
Flat
Listing Agency:
Durden Property Group LLC
(318) 848-7826
Listed By:
Gerod Durden · License #0995703634
(318) 458-8017
Added: Aug 21
Last Checked: Aug 23 at 11:06AM
MLS# 21365205
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 commercial offering combines an approximately 4,693-square-foot office building at 307 Wall Street with an approximately 4,240-square-foot warehouse at 2100 Marshall Street. The office is partially tenant-occupied and includes carpet and tile flooring, natural gas and central heating, electric central air conditioning, a flat roof, and concrete construction. Public water and sewer serve the property, and the office building dates to 1940.
The warehouse is vacant and ready for build-out, while the package also includes a vacant parking lot and additional vacant land. Parking features include both on-street spaces and a parking lot. The property encompasses approximately 0.115 acres. Square footage, zoning, permitted uses, boundaries, and other property details are subject to buyer verification.
The warehouse is vacant and ready for build-out, while the package also includes a vacant parking lot and additional vacant land. Parking features include both on-street spaces and a parking lot. The property encompasses approximately 0.115 acres. Square footage, zoning, permitted uses, boundaries, and other property details are subject to buyer verification.
Key Highlights
- Approximately 4,693 SF office building at 307 Wall Street
- Approximately 4,240 SF warehouse at 2100 Marshall Street
- Office building is partially tenant‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,460
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$669,200
$669.2K
Cap Rate 7%
$478,000
$478.0K
Cap Rate 9%
$371,778
$371.8K
Market Conditions
NOI Build-Up for 4,693 SF
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.
Gross rent
$42.2K $9.00/SF
− Vacancy
−$2.9K −$0.61/SF
EGI
$39.4K $8.39/SF
− OpEx
−$5.9K −$1.26/SF
NOI
$33.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$669,200
Cap Rate 7%
$478,000
Cap Rate 9%
$371,778
Alternative Uses
Best Use
Office B
$760.3K
$665.2K – $887.0K
NOI $53,219 @ 7.0% cap · market cap 14.19%
Second Best
Warehouse
$478.0K
$418.3K – $557.7K
NOI $33,460 @ 7.0% cap · market cap 8.92%
Theoretical Best
Office A
$990.5K
$866.7K – $1.16M
NOI $69,336 @ 7.0% cap · market cap 18.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
Explore this area
Business Placement
Demographics for 71101, LA
6,560
Population
4,548
Households
1.4
Avg Household Size
41
Median Age
13%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
1,562
Density / Sq Mi
$17,924
Median Household Income
$32,135
Median Earnings
$714
Median Rent
$86,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Commercial package includes a partially occupied office, warehouse space, parking, and additional land for flexible use.
Where is this office building located?
The property is located at 307 Wall Street Shreveport, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Approximately 4,693 SF office building at 307 Wall Street; Approximately 4,240 SF warehouse at 2100 Marshall Street; Office building is partially tenant‑occupied
