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Light Industrial Building with Fenced Yard
New
For Sale
$235,000

4111 Metro Drive, Shreveport, LA 71109

Zoned I-1 and built in 1982, featuring an office, kitchen, conference room, and a fenced storage yard.

Property Size3,000 SF
Price / SF$78.33
Days on Market4

Property Features for 4111 Metro Drive

General Information

Standard status Active
Size 3,000 SF
Property subtype Industrial
Zoning I-1

Site & Location

Highway Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Amenities

Office space
Kitchen area
Conference room
Perimeter security camera system

Building Details

Year Built 1982
Buildings 1
Building Size 3,000 SF
Listing Agency: Pinnacle Realty Advisors
Listed By: Rene Jensen · License #0720823
Source: Lonestarluxuryrealty
Added: Jul 29 Changed: Jul 30 Last Checked: Aug 1 at 4:51AM

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 Pinnacle Realty Advisors

Investment Insights

Based on property information with market context.

This light industrial building offers 3,000 SF and includes office space, a kitchen area, and a conference room. The property is served by a perimeter security camera system and also features a large fenced storage yard, supporting operations that require outside secure storage.

The site is zoned I-1 (Light Industrial) and is currently used as a towing company office and storage yard. It is located at the west interchange of I-20 and I-220 in Shreveport, Louisiana, providing convenient interstate access for business activity.

Built in 1982, the building is well-suited for light industrial tenants needing both enclosed workspace and fenced outdoor storage.

Key Highlights

  • 3,000 SF industrial building
  • Zoned I‑1 (Light Industrial)
  • Office space, kitchen area, and conference room

Financial Insights For Flex RnD

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 $32.4k $10.80
− Vacancy −$1.9k −$0.65
EGI $30.5k $10.15
− OpEx −$10.7k −$3.55
NOI $19.8k $6.60
3,000 SF · lease $10.80/SF/yr · vacancy 6.00% · expense 35.00%

Alternative Uses

Best Use
Office B
$486.0K
$425.3K – $567.0K (±1% cap)
NOI $34,020 @ 7.0% cap · market cap 14.48%
Second Best
Flex RnD
$282.8K
$247.5K – $329.9K (±1% cap)
NOI $19,796 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$633.2K
$554.0K – $738.7K (±1% cap)
NOI $44,323 @ 7.0% cap · market cap 18.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

An Endless Love Home ... Home Health Care Service TowMasters Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Law Firm Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby
Well-served
Demand for This Use

Demographics for 71109, LA

18,414
Population
9,099
Households
2
Avg Household Size
39
Median Age
14%
College-Educated
83%
High-School Grad
12.8 sq mi
ZIP Area
1,439
Density / Sq Mi
$31,309
Median Household Income
$25,695
Median Earnings
$896
Median Rent
$91,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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 - Zoned I-1 and built in 1982, featuring an office, kitchen, conference room, and a fenced storage yard.
Where is this flex space located?
The property is located at 4111 Metro Drive Shreveport, LA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 3,000 SF industrial building; Zoned I‑1 (Light Industrial); Office space, kitchen area, and conference room
More about this property
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