Flex Space with
For Sale
$799,900
3625 E Texas Street, Bossier City, LA 71111
CommercialSale, Bossier City, LA
Property Size3,229 SF
Lot Size6.68 Acres
Price / SF$247.72
Days on Market188
Property Features for 3625 E Texas Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B-3
Subdivision
Woodward Farms Sub #2
Directions
See Google
Standard status
Active
APN
131998
Size
3,229 SF
Lot size
6.68 Acres
Taxes and HOA fees
Tax Description
LOT 1, LESS TR DESC IN VOL 1231-956, WOODWARD
Tax Annual Amount
4851
Legal Description
LOT 1, LESS TR DESC IN VOL 1231-956, WOODWARD
Utilities
Sewer type
Public Sewer
Cooling system
Electric
Water source
Public
Building Details
Year built
1963
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Berkshire Hathaway HomeServices Ally Real Estate
(318) 231-2000
Listed By:
Adam Lytle · License #0995687987
(318) 231-2000
Added: Feb 25
Changed: Aug 23
Last Checked: Sep 1 at 5:06AM
MLS# 20856139
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 B-3-zoned flex property includes a 3,229-square-foot metal building constructed in 1963. The interior provides office space, a bathroom, and warehouse or storage areas, with concrete flooring, electric cooling, a metal roof, public water, and public sewer.
The tract offers 286 feet of frontage on E Texas Street, plus 64 feet of frontage access from Old Minden Road at the northwest corner. Traffic volume exceeds 21,000 vehicles per day. The site is located in Bossier City, Louisiana, and combines an existing commercial building with substantial land area for continued business use or redevelopment.
The tract offers 286 feet of frontage on E Texas Street, plus 64 feet of frontage access from Old Minden Road at the northwest corner. Traffic volume exceeds 21,000 vehicles per day. The site is located in Bossier City, Louisiana, and combines an existing commercial building with substantial land area for continued business use or redevelopment.
Key Highlights
- 3,229‑square‑foot metal building constructed in 1963
- B‑3 zoning
- 286 feet of frontage on E Texas Street
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
Lease Details
21,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Balanced
Demand for This Use
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?
Flex space - B-3-zoned commercial property includes office, bathroom, and warehouse areas within a metal building.
Where is this flex space located?
The property is located at 3625 E Texas Street 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: 3,229‑square‑foot metal building constructed in 1963; B‑3 zoning; 286 feet of frontage on E Texas Street
