Versatile Commercial Property on Shed
For Sale
$1,200,000
3629 shed road, Bossier City, LA 71111
Large commercial lot with metal building and office space.
Property Size7,500 SF
Lot Size4.00 Acres
Price / SF$160
Days on Market969
Property Features for 3629 shed road
General Information
Standard status
Active
Size
7,500 SF
Lot size
4.00 Acres
Property subtype
Industrial
Zoning
A-1
Amenities
Water
Sewer
Listing Agency:
Coldwell Banker Commercial Apex REALTORS
Listed By:
Mary Gray · License #LA995687380
(318) 469-6867
Source:
Lacdb.resimplifi
Added: Feb 11, 2024
Changed: Oct 7
Last Checked: Oct 7 at 8:36AM
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 Coldwell Banker Commercial Apex REALTORS
Investment Insights
Based on property information with market context.
This commercial property in Bossier City, Louisiana, features a metal building of approximately 7500 square feet, which includes office space, situated on a lot spanning nearly 4 acres. The property currently hosts a towing and auto repair business and is suited for various light industrial business endeavors, including oil and gas offices and storage. The metal building is adaptable to numerous business ventures, and the included office space can be used for management or customer service. The property has approximately 600 feet of road frontage along Shed Road and is located in a high-traffic industrial area.
Key Highlights
- High‑traffic location in a thriving industrial area.
- Large metal building (approx. 7500 sq ft) adaptable to various businesses.
- Currently operating as a successful towing and auto repair business.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,711
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,294,220
$1.3M
Cap Rate 7%
$924,443
$924.4K
Cap Rate 9%
$719,011
$719.0K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$114.3K $15.24/SF
− Vacancy
−$14.7K −$1.97/SF
EGI
$99.6K $13.27/SF
− OpEx
−$34.8K −$4.65/SF
NOI
$64.7K $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 Rate 5%
$1,294,220
Cap Rate 7%
$924,443
Cap Rate 9%
$719,011
Alternative Uses
Best Use
Flex RnD
$924.4K
$808.9K – $1.08M
NOI $64,711 @ 7.0% cap · market cap 5.39%
Second Best
Retail
$693.3K
$606.6K – $808.8K
NOI $48,530 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,369 @ 7.0% cap · market cap 7.45%
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
207
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Large commercial lot with metal building and office space.
Where is this flex space located?
The property is located at 3629 shed road Bossier City, LA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: High‑traffic location in a thriving industrial area.; Large metal building (approx. 7500 sq ft) adaptable to various businesses.; Currently operating as a successful towing and auto repair business.
