Commercial Pad
New
For Sale
$350,000
3500 Jewella Avenue, Shreveport, LA 71109
The B-3-zoned parcel fronts Jewella Avenue and includes an existing building with a drive-through window.
Property Size1,759 SF
Price / SF$198.98
Days on Market4
Property Features for 3500 Jewella Avenue
General Information
Standard status
Active
Size
1,759 SF
Property subtype
Commercial
Zoning
B-3
Site & Location
Neighborhood
Country Club
Building Details
Building Size
1,759 SF
Year Built
1960
Stories
1
Units
1
Listing Agency:
Freedom Realty
(318) 549-2999
Listed By:
Donna Tidwell · License #0099564546
(318) 272-0361
Source:
Cogburnrealestate
Added: Oct 21
Changed: Oct 24
Last Checked: Oct 23 at 5:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Freedom Realty
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Investment Insights
Based on property information with market context.
Offered as a commercial pad site, this B-3-zoned property fronts Jewella Avenue in Shreveport. An existing building has a drive-through window and parking, but it is in rundown condition following a break-in and requires substantial work. The structure could be removed for pad-site redevelopment.
Nearby restaurant operators include Taco Bell, Whataburger and McDonald’s.
Nearby restaurant operators include Taco Bell, Whataburger and McDonald’s.
Key Highlights
- B‑3 zoning
- Frontage on Jewella Avenue
- Existing building includes a drive‑through window
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,551
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,020
$391.0K
Cap Rate 7%
$279,300
$279.3K
Cap Rate 9%
$217,233
$217.2K
Market Conditions
NOI Build-Up for 1,759 SF
Gross rent
$27.4K $15.60/SF
− Vacancy
−$1.4K −$0.78/SF
EGI
$26.1K $14.82/SF
− OpEx
−$6.5K −$3.70/SF
NOI
$19.6K $11.11/SF
Area
Shreveport, LA
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,020
Cap Rate 7%
$279,300
Cap Rate 9%
$217,233
Alternative Uses
Best Use
Specialty Retail
$279.3K
$244.4K – $325.9K
NOI $19,551 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$371.3K
$324.9K – $433.1K
NOI $25,988 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Explore this area
Business Placement
Demographics for 71109, LA
18,414
Population
9,099
Households
2
Avg Household Size
39
Median Age
14%
College-Educated
83%
High-School Grad
12.8 sq mi
ZIP Area
1,439
Density / Sq Mi
$31,309
Median Household Income
$25,695
Median Earnings
$896
Median Rent
$91,800
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - The B-3-zoned parcel fronts Jewella Avenue and includes an existing building with a drive-through window.
Where is this commercial land located?
The property is located at 3500 Jewella Avenue Shreveport, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: B‑3 zoning; Frontage on Jewella Avenue; Existing building includes a drive‑through window
