Office Suite with
401 Hamilton Road #98, Bossier City, LA 71111
For Sale
New
$118,000
The 800-square-foot space can be combined with neighboring suite 100 by removing the partition wall.
Property Size800 SF
Price / SF$147.50
Days on Market2
Property Features for 401 Hamilton Road #98
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Property Use
Amenities
kitchenette
Building Details
Year Built
Listing Agency:
Diamond Realty & Associates
Listed By:
Casey Tubbs
(318) 205-6641
Source:
Themikemooreteam
Added: Nov 8
Last Checked: Nov 8 at 5:00PM
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 Diamond Realty & Associates
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Investment Insights
Based on property information with market context.
Suite 98 contains 800 square feet and includes a kitchenette. Constructed in 1985, the office space is located near East Texas Street and the East Bank District, with access to I-20 nearby.
Suite 100 is also available for purchase. The dividing wall between the suites can be removed to create a larger combined space.
Suite 100 is also available for purchase. The dividing wall between the suites can be removed to create a larger combined space.
Key Highlights
- 800‑square‑foot office suite
- Kitchenette within the suite
- Can be joined with suite 100 by removing the partition wall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,895
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$157,900
$157.9K
Cap Rate 7%
$112,786
$112.8K
Cap Rate 9%
$87,722
$87.7K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$12.4K $15.48/SF
− Vacancy
−$1.9K −$2.32/SF
EGI
$10.5K $13.16/SF
− OpEx
−$2.6K −$3.29/SF
NOI
$7.9K $9.87/SF
Area
Bossier County, LA
Vacancy
15.00%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$157,900
Cap Rate 7%
$112,786
Cap Rate 9%
$87,722
Alternative Uses
Best Use
Office B
$112.8K
$98.7K – $131.6K
NOI $7,895 @ 7.0% cap · market cap 6.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$136.2K
$119.2K – $158.9K
NOI $9,533 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
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
$268,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Bossier City, LA
Properties on Market for Office Units in Bossier City
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The 800-square-foot space can be combined with neighboring suite 100 by removing the partition wall.
Where is this office unit located?
The property is located at 401 Hamilton Road #98 Bossier City, LA.
What is the asking price?
The asking price for this property is $118,000.
What are key features of this property?
This property features: 800‑square‑foot office suite; Kitchenette within the suite; Can be joined with suite 100 by removing the partition wall
