B-3 Commercial Land with
For Sale
$799,900
3625 E Texas St, Bossier City, LA 71111
B-3 zoning accompanies an existing metal building with office, bathroom, and storage areas.
Property Size3,229 SF
Price / SF$247.72
Days on Market39
Property Features for 3625 E Texas St
General Information
Standard status
Active
Size
3,229 SF
Building Details
Year Built
1963
Listing Agency:
Berkshire Hathaway HomeServices Ally Real Estate
(318) 231-2000
Listed By:
Adam Lytle · License #0995687987
Source:
Yourdavisteam
Added: Jul 23
Changed: Aug 29
Last Checked: Aug 25 at 5:52AM
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 Berkshire Hathaway HomeServices Ally Real Estate
Investment Insights
Based on property information with market context.
This 6.71-acre commercial land tract includes a 3,229-square-foot metal building constructed in 1963. The existing improvement contains office space, a bathroom, and warehouse or storage areas, providing functional space alongside the development site. The property is zoned B-3.
The tract fronts E Texas St for 286 feet and has an additional 64 feet of frontage access from Old Minden Rd at the northwest corner. Located in Bossier City, the property is positioned along a corridor with traffic exceeding 21,000 vehicles per day. Its combination of land area, road access, commercial zoning, and existing improvements supports consideration for retail, office, industrial, or redevelopment use.
The tract fronts E Texas St for 286 feet and has an additional 64 feet of frontage access from Old Minden Rd at the northwest corner. Located in Bossier City, the property is positioned along a corridor with traffic exceeding 21,000 vehicles per day. Its combination of land area, road access, commercial zoning, and existing improvements supports consideration for retail, office, industrial, or redevelopment use.
Key Highlights
- 6.71‑acre commercial land tract
- 286 feet of frontage on E Texas St
- Additional 64 feet of frontage access from Old Minden Rd at the NW corner
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
$27,860
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
3.48%
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%
$557,200
$557.2K
Cap Rate 7%
$398,000
$398.0K
Cap Rate 9%
$309,556
$309.6K
Market Conditions
NOI Build-Up for 3,229 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
$49.2K $15.24/SF
− Vacancy
−$6.3K −$1.97/SF
EGI
$42.9K $13.27/SF
− OpEx
−$15.0K −$4.65/SF
NOI
$27.9K $8.63/SF
Area
Bossier County, LA
Vacancy
12.90%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
35.00%
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%
$557,200
Cap Rate 7%
$398,000
Cap Rate 9%
$309,556
Alternative Uses
Best Use
Flex RnD
$398.0K
$348.3K – $464.3K
NOI $27,860 @ 7.0% cap · market cap 3.48%
Second Best
Warehouse
$294.5K
$257.7K – $343.5K
NOI $20,612 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$549.7K
$481.0K – $641.3K
NOI $38,476 @ 7.0% cap · market cap 4.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Explore this area
Business Placement
Demographics for 71111, LA
44,476
Population
19,563
Households
2.3
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
45.2 sq mi
ZIP Area
984
Density / Sq Mi
$66,465
Median Household Income
$43,483
Median Earnings
$1,065
Median Rent
$268,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - B-3 zoning accompanies an existing metal building with office, bathroom, and storage areas.
Where is this commercial land located?
The property is located at 3625 E Texas St Bossier City, LA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 6.71‑acre commercial land tract; 286 feet of frontage on E Texas St; Additional 64 feet of frontage access from Old Minden Rd at the NW corner
