Corner Retail and Warehouse
New
For Sale
$425,000
3837 E Texas Street, Bossier City, LA 71111
Corner commercial building with metal roof, on-site parking, and an attached warehouse with a rear roll-up door.
Days on Market5
Property Features for 3837 E Texas Street
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Building Size
5,072 SF
Year Built
1957
Listing Agency:
Century 21 Elite
(318) 220-6913
Listed By:
Tina Balentine · License #0995683955
(318) 220-6913
Source:
Cornerstonehomeandranch
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 29 at 12:44PM
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 Century 21 Elite
Investment Insights
Based on property information with market context.
This corner commercial building offers a combination of retail space and an attached warehouse. The metal roof supports the structure, and parking is available in front, on the side, and at the rear of the building. The warehouse can be accessed from inside the building or through a roll-up door in the back of the warehouse.
Public remarks indicate the building was previously operated as a car palace, and a retail tenant is currently moving out. The property is being offered for sale.
Overall, the configuration provides both customer-facing space and warehouse access in one facility, with multiple parking areas and a clear rear entry option for warehouse deliveries.
Public remarks indicate the building was previously operated as a car palace, and a retail tenant is currently moving out. The property is being offered for sale.
Overall, the configuration provides both customer-facing space and warehouse access in one facility, with multiple parking areas and a clear rear entry option for warehouse deliveries.
Key Highlights
- Corner commercial building built in 1957
- Metal roof
- On‑site parking in front, side, and back of the building
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.3k | $9.72 |
| − Vacancy | −$2.4k | −$0.48 |
| EGI | $46.9k | $9.24 |
| − OpEx | −$14.1k | −$2.77 |
| NOI | $32.8k | $6.47 |
5,072 SF · lease $9.72/SF/yr · vacancy 4.90% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$625.2K
$547.0K – $729.4K
NOI $43,762 @ 7.0% cap · market cap 10.30%
Second Best
Retail
$468.8K
$410.2K – $547.0K
NOI $32,819 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$863.4K
$755.5K – $1.01M
NOI $60,437 @ 7.0% cap · market cap 14.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
953
Businesses Nearby
Under-served
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
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Frequently Asked Questions
What type of property is this?
Flex space - Corner commercial building with metal roof, on-site parking, and an attached warehouse with a rear roll-up door.
Where is this flex space located?
The property is located at 3837 E Texas Street Bossier City, LA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Corner commercial building built in 1957; Metal roof; On‑site parking in front, side, and back of the building
