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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
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
View Realmo Analytics
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
