Two-Story Mixed-Use
3795 Youree Drive, Shreveport, LA 71105
For Sale
New
$449,500
CommercialSale, Shreveport, LA
Property Size2,566 SF
Lot Size0.24 Acres
Price / SF$175.18
Days on Market3
Property Features for 3795 Youree Drive
General Information
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Zoning description
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Subdivision
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Standard status
APN
Size
Lot size
Site & Location
Corner Location
Mixed-Use Components
Additional Details
Currently Operating
Taxes and HOA fees
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Building Details
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Floors in Building
Number of units
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Buildings
Listing Agency:
Diamond Realty & Associates
Listed By:
Nancy Harner
(318) 746-0011
Added: Nov 10
Last Checked: Nov 12 at 9:06AM
MLS# 21432240
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.
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Investment Insights
Based on property information with market context.
This two-story property combines 1,542 square feet of ground-floor retail with a 1,024-square-foot apartment above, for 2,566 square feet total. The apartment has two bedrooms, one bathroom, and a separate entrance; it is currently used for storage. Built in 1948, the building has wood siding, wood and tile flooring, central heating and air conditioning, and a composition roof. Public water and sewer serve the property.
The 0.24-acre parcel occupies a corner along Youree Drive in Shreveport. The property includes a parking lot with 15 spaces and is zoned C-1 Neighborhood Commercial. Estimated daily traffic on the corridor is approximately 28,000–30,000 vehicles.
The 0.24-acre parcel occupies a corner along Youree Drive in Shreveport. The property includes a parking lot with 15 spaces and is zoned C-1 Neighborhood Commercial. Estimated daily traffic on the corridor is approximately 28,000–30,000 vehicles.
Key Highlights
- 2,566 square feet total: 1,542 square feet of retail and a 1,024‑square‑foot upper apartment
- Upper apartment has two bedrooms, one bathroom, and a separate entrance; currently used for storage
- 0.24‑acre corner parcel on Youree Drive
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,713
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,260
$554.3K
Cap Rate 7%
$395,900
$395.9K
Cap Rate 9%
$307,922
$307.9K
Market Conditions
NOI Build-Up for 2,566 SF
Gross rent
$49.3K $19.20/SF
− Vacancy
−$4.9K −$1.92/SF
EGI
$44.3K $17.28/SF
− OpEx
−$16.6K −$6.48/SF
NOI
$27.7K $10.80/SF
Area
Shreveport, LA
Vacancy
10.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,260
Cap Rate 7%
$395,900
Cap Rate 9%
$307,922
Alternative Uses
Best Use
Mixed Use
$395.9K
$346.4K – $461.9K
NOI $27,713 @ 7.0% cap · market cap 6.17%
Second Best
Retail
$363.3K
$317.9K – $423.9K
NOI $25,434 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$541.6K
$473.9K – $631.9K
NOI $37,911 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
30,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor retail is paired with a separate-entry upper apartment in a C-1-zoned commercial property.
Where is this mixed-use property located?
The property is located at 3795 Youree Drive Shreveport, LA.
What is the asking price?
The asking price for this property is $449,500.
What are key features of this property?
This property features: 2,566 square feet total: 1,542 square feet of retail and a 1,024‑square‑foot upper apartment; Upper apartment has two bedrooms, one bathroom, and a separate entrance; currently used for storage; 0.24‑acre corner parcel on Youree Drive
