Corner Storefront with
New
For Sale
$425,000
3837 E Texas Street, Bossier City, LA 71111
B-3-zoned commercial building with an attached warehouse and parking areas on three sides.
Property Size5,072 SF
Days on Market3
Property Features for 3837 E Texas Street
General Information
Standard status
Active
Size
5,072 SF
Property subtype
Commercial
Zoning
B-3
Additional Details
Corner Location
Yes
Building Details
Building Size
5,072 SF
Year Built
1957
Stories
1
Units
1
Listing Agency:
Century 21 Elite
(318) 220-6913
Listed By:
Tina Balentine · License #0995683955
(318) 220-6913
Source:
Fullhouserealtytx
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 21 at 8:03AM
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.
Located at 3837 E Texas Street in Bossier City, this 1957 commercial building combines storefront space with an attached warehouse. The warehouse connects internally to the building and also has exterior access through a rear roll-up door, providing two entry points between the retail and storage areas.
Parking is positioned at the front, side, and rear of the building. A metal roof is among the property’s existing features. The current retail occupant is preparing to move out, and the building previously operated as Car Palace. The property is zoned B-3.
Parking is positioned at the front, side, and rear of the building. A metal roof is among the property’s existing features. The current retail occupant is preparing to move out, and the building previously operated as Car Palace. The property is zoned B-3.
Key Highlights
- Corner commercial building at 3837 E Texas Street, Bossier City, LA 71111
- Attached warehouse with interior connection to the building
- Rear roll‑up door provides exterior warehouse access
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
$32,819
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
7.72%
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%
$656,380
$656.4K
Cap Rate 7%
$468,843
$468.8K
Cap Rate 9%
$364,656
$364.7K
Market Conditions
NOI Build-Up for 5,072 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
$49.3K $9.72/SF
− Vacancy
−$2.4K −$0.48/SF
EGI
$46.9K $9.24/SF
− OpEx
−$14.1K −$2.77/SF
NOI
$32.8K $6.47/SF
Area
Bossier County, LA
Vacancy
4.90%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
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%
$656,380
Cap Rate 7%
$468,843
Cap Rate 9%
$364,656
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
300
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?
Storefront property - B-3-zoned commercial building with an attached warehouse and parking areas on three sides.
Where is this storefront property 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 at 3837 E Texas Street, Bossier City, LA 71111; Attached warehouse with interior connection to the building; Rear roll‑up door provides exterior warehouse access
