Office Building with Outdoor
4611 Monkhouse Drive, Shreveport, LA 71109
For Sale
$119,500
CommercialSale, Shreveport, LA
Property Size1,250 SF
Lot Size0.25 Acres
Price / SF$95.60
Days on Market125
Property Features for 4611 Monkhouse Drive
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Directions
Standard status
APN
Size
Lot size
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Primeaux Realty, LLC
Listed By:
Jimmy Stewart
(318) 390-6863
Added: Jul 11
Changed: Nov 11
Last Checked: Nov 12 at 8:06AM
MLS# 21212859
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding office building contains 1,250 square feet on a 0.25-acre parcel. The property includes outdoor storage and staging space, a parking lot, and a driveway. Built in 1975, it has brick, frame, and wood-siding construction, laminate flooring, central heating and central air, plus public water and sewer service.
Monkhouse Drive is less than 2 miles from Shreveport Regional Airport, I-20, I-220, and I-49.
Monkhouse Drive is less than 2 miles from Shreveport Regional Airport, I-20, I-220, and I-49.
Key Highlights
- 1,250‑square‑foot freestanding office building
- 0.25‑acre parcel with outdoor storage and staging space
- Less than 2 miles from Shreveport Regional Airport, I‑20, I‑220, and I‑49
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,249
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$164,980
$165.0K
Cap Rate 7%
$117,843
$117.8K
Cap Rate 9%
$91,656
$91.7K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$13.5K $10.80/SF
− Vacancy
−$810 −$0.65/SF
EGI
$12.7K $10.15/SF
− OpEx
−$4.4K −$3.55/SF
NOI
$8.2K $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%
$164,980
Cap Rate 7%
$117,843
Cap Rate 9%
$91,656
Alternative Uses
Best Use
Office B
$202.5K
$177.2K – $236.3K
NOI $14,175 @ 7.0% cap · market cap 11.86%
Second Best
Flex RnD
$117.8K
$103.1K – $137.5K
NOI $8,249 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$263.8K
$230.9K – $307.8K
NOI $18,468 @ 7.0% cap · market cap 15.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
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
$91,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Shreveport, LA
Properties on Market for Office Units in Shreveport
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The freestanding office property combines on-site parking with outdoor space for storage and staging.
Where is this office unit located?
The property is located at 4611 Monkhouse Drive Shreveport, LA.
What is the asking price?
The asking price for this property is $119,500.
What are key features of this property?
This property features: 1,250‑square‑foot freestanding office building; 0.25‑acre parcel with outdoor storage and staging space; Less than 2 miles from Shreveport Regional Airport, I‑20, I‑220, and I‑49
