Corner Flex Space with
For Sale
$425,000
3837 E Texas St, Bossier City, LA 71111
Attached warehouse offers dual access, including an interior connection and a rear roll-up door.
Property Size5,072 SF
Price / SF$83.79
Days on Market94
Property Features for 3837 E Texas St
General Information
Standard status
Active
Size
5,072 SF
Additional Details
Corner Location
Yes
Building Details
Year Built
1957
Listing Agency:
Century 21 Elite
Listed By:
Tina Balentine · License #0995683955
(318) 868-3600
Source:
Minteerteam
Added: Jul 14
Changed: Sep 15
Last Checked: Oct 7 at 3:12PM
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 flex space is a corner commercial building constructed in 1957, with an attached warehouse that connects directly to the main building. The warehouse can also be accessed through a rear roll-up door, supporting movement between the front commercial area and the storage or work area. A metal roof covers the building, and parking is positioned along the front, side, and rear. The property previously operated as Car Palace. The existing retail occupant is moving out, providing a transition point for the next ownership or occupancy plan. The building is offered for sale at 3837 E Texas St in Bossier City, Louisiana.
Key Highlights
- Corner commercial building with attached warehouse
- Warehouse access from inside the building and through a rear roll‑up door
- Parking located at the front, side, and rear of the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,819
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Attached warehouse offers dual access, including an interior connection and a rear roll-up door.
Where is this flex space located?
The property is located at 3837 E Texas St 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 with attached warehouse; Warehouse access from inside the building and through a rear roll‑up door; Parking located at the front, side, and rear of the building
