Medical Office with Private
For Sale
$250,000
3548 Youree Dr, Shreveport, LA 71105
Recent interior work includes a new HVAC system, refinished hardwood floors, fresh paint and updated lighting.
Property Size1,495 SF
Price / SF$167.22
Days on Market15
Property Features for 3548 Youree Dr
General Information
Standard status
Active
Size
1,495 SF
Property subtype
Commercial
Building Details
Year Built
1960
Listing Agency:
RE/MAX UNITED
Listed By:
Sabra Collier · License #0995683584
(318) 572-8621
Source:
Easttxhomesforsale
Added: Sep 22
Changed: Oct 1
Last Checked: Oct 5 at 6:53PM
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 RE/MAX UNITED
Investment Insights
Based on property information with market context.
This 1,495-square-foot medical office at 3548 Youree Dr in Shreveport was built in 1960. The single-story building has three front rooms with oversized windows, two private offices, French doors and painted brick accents. Its break room includes a sink, cabinetry and open shelving; two half baths and a laundry area with washer and dryer hookups add utility. Paved parking is available at the front and rear, and ramps serve both entrances.
Recent improvements include a new HVAC system, refinished hardwood flooring, fresh interior and exterior paint, and updated lighting. The layout also includes room for reception, waiting or open workspace. Potential uses noted for the property include medical office, salon and professional services; buyers should verify zoning and permitted uses.
Recent improvements include a new HVAC system, refinished hardwood flooring, fresh interior and exterior paint, and updated lighting. The layout also includes room for reception, waiting or open workspace. Potential uses noted for the property include medical office, salon and professional services; buyers should verify zoning and permitted uses.
Key Highlights
- 1,495‑square‑foot medical office built in 1960
- Three front rooms with oversized windows, plus two private offices
- Paved parking at the front and rear; ramps at both entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,953
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,060
$339.1K
Cap Rate 7%
$242,186
$242.2K
Cap Rate 9%
$188,367
$188.4K
Market Conditions
NOI Build-Up for 1,495 SF
Gross rent
$26.9K $18.00/SF
− Vacancy
−$4.3K −$2.88/SF
EGI
$22.6K $15.12/SF
− OpEx
−$5.7K −$3.78/SF
NOI
$17.0K $11.34/SF
Area
Shreveport, LA
Vacancy
16.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,060
Cap Rate 7%
$242,186
Cap Rate 9%
$188,367
Alternative Uses
Best Use
Office B
$242.2K
$211.9K – $282.6K
NOI $16,953 @ 7.0% cap · market cap 6.78%
Second Best
Healthcare Medical
$240.5K
$210.4K – $280.6K
NOI $16,835 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$315.5K
$276.1K – $368.1K
NOI $22,088 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71105, LA
21,308
Population
11,139
Households
1.9
Avg Household Size
38
Median Age
45%
College-Educated
95%
High-School Grad
9.5 sq mi
ZIP Area
2,243
Density / Sq Mi
$66,758
Median Household Income
$48,396
Median Earnings
$1,247
Median Rent
$216,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Broadmoor Animal Hospital — 260 Ockley Dr, Shreveport, LA 71105
- Coker Pamala R DVM — 2900 Youree Dr, Shreveport, LA 71104
Frequently Asked Questions
What type of property is this?
Medical Office Space - Recent interior work includes a new HVAC system, refinished hardwood floors, fresh paint and updated lighting.
Where is this medical office space located?
The property is located at 3548 Youree Dr Shreveport, LA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,495‑square‑foot medical office built in 1960; Three front rooms with oversized windows, plus two private offices; Paved parking at the front and rear; ramps at both entrances
