Flex Building with Fenced
For Sale
$235,000
4111 Metro Drive, Shreveport, LA 71109
CommercialSale, Shreveport, LA
Property Size3,000 SF
Lot Size0.69 Acres
Price / SF$78.33
Days on Market96
Property Features for 4111 Metro Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
I-1 Light Industrial
Security features
Security
Subdivision
Metro Indust Park
Lot features
Acreage, Level
Directions
Google Maps
Standard status
Active
APN
171418013001500
Lot size
0.69 Acres
Additional Details
Currently Operating
Yes
Property Use
Towing Company office and storage yard
Taxes and HOA fees
Tax Description
LOT 15, METRO INDUSTRIAL PARK, UNIT III 17141
Tax Annual Amount
2503
Legal Description
LOT 15, METRO INDUSTRIAL PARK, UNIT III 17141
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Electric
Water source
Public
Amenities
Perimeter security camera system
Building Details
Year built
1982
Floors in Building
1
Number of units
1
Flooring type
Carpet
Building materials
Brick, MetalSiding
Roof type
Metal
Buildings
1
Listing Agency:
Pinnacle Realty Advisors
(318) 233-1045
Listed By:
Stephen Hamm
(318) 347-3332
Added: Jul 27
Changed: Oct 29
Last Checked: Oct 30 at 1:06AM
MLS# 21342590
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1982, this 3,000-square-foot flex property combines an industrial building with office-oriented improvements and a fenced outdoor storage area. The interior includes multiple office areas, a kitchen, and a conference room, with carpet flooring, central heating, and electric central air conditioning. A perimeter security camera system supports the site, while the metal roof and brick and metal-siding construction provide durable building features.
The property occupies 0.693 acres at the west interchange of I-20 and I-220 in Shreveport. It is zoned I-1 for light industrial use and is served by public water and public sewer. The current operation is a towing company office and storage yard, offering a documented configuration that combines workspace with secured exterior storage.
The property occupies 0.693 acres at the west interchange of I-20 and I-220 in Shreveport. It is zoned I-1 for light industrial use and is served by public water and public sewer. The current operation is a towing company office and storage yard, offering a documented configuration that combines workspace with secured exterior storage.
Key Highlights
- 3,000‑square‑foot industrial building on 0.693 acres
- I‑1 zoning for light industrial use
- Large fenced storage yard with perimeter security camera system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,796
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,920
$395.9K
Cap Rate 7%
$282,800
$282.8K
Cap Rate 9%
$219,956
$220.0K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$32.4K $10.80/SF
− Vacancy
−$1.9K −$0.65/SF
EGI
$30.5K $10.15/SF
− OpEx
−$10.7K −$3.55/SF
NOI
$19.8K $6.60/SF
Area
Shreveport, LA
Vacancy
6.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,920
Cap Rate 7%
$282,800
Cap Rate 9%
$219,956
Alternative Uses
Best Use
Office B
$486.0K
$425.3K – $567.0K
NOI $34,020 @ 7.0% cap · market cap 14.48%
Second Best
Flex RnD
$282.8K
$247.5K – $329.9K
NOI $19,796 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$633.2K
$554.0K – $738.7K
NOI $44,323 @ 7.0% cap · market cap 18.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - I-1-zoned facility combining office areas, a kitchen, conference room, and secured outdoor storage.
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‑square‑foot industrial building on 0.693 acres; I‑1 zoning for light industrial use; Large fenced storage yard with perimeter security camera system
