Light Industrial Building with Fenced
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 Market70
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
(318) 233-1045
Listed By:
Stephen Hamm · License #0000074198
(907) 744-2452
Source:
Lonestarluxuryrealty
Added: Jul 29
Changed: Sep 22
Last Checked: Oct 5 at 6:51PM
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.
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
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.
Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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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
