Commercial Building Near
4611 Monkhouse Drive Shreveport, LA 71109
4611 Monkhouse Drive, Shreveport, LA, 71109
$120,000
For Sale
$120,000
Freestanding commercial building with office space and secure outdoor storage.
Property Size1,250 SF
Price / SF$96
Days on Market87
Property Features for 4611 Monkhouse Drive
General Information
- Standard status
- Active
- Size
- 1,250 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1975
Listing Agency
Primeaux Realty, LLC
(318) 458-6172
Listed by
Jimmy Stewart · License #0000007995
(318) 458-6172
Source
Signaturere
Added: Apr 22 Checked: Jul 16 at 12:39 pm
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 Primeaux Realty, LLC
Investment Insights
Based on property information with market context.
This 1,250 sq. ft. freestanding commercial building offers a combination of professional office space and a secure outdoor storage and staging area. The property is located on the high-visibility Monkhouse Drive corridor, providing logistical advantages and high traffic. It is less than 3 minutes from Shreveport Regional Airport, I-20, I-220, and I-49, offering access to Shreveport Regional Airport, Downtown Shreveport, and the Texas border. The location is suitable for businesses seeking high traffic, such as payday loan providers, insurance agencies, real estate offices, barbershops, or beauty salons. It is also ideal for virtual offices and small fleet dispatch services (box trucks, trailers, or courier services) needing a central home base near the airport's maintenance and cargo hubs. The property offers industrial utility with retail frontage exposure. The location is near SkyWest Airlines' maintenance base at Shreveport Regional, which opened in 2025 and 2026, bringing over 150 specialized jobs to the area. The office is the closest professional space for vendors serving them, with airport proximity of 0.5 miles, making it ideal for SkyWest or airport-adjacent contractors.
Key Highlights
- Prime location: Less than 3 minutes from Shreveport Regional Airport, I‑20, I‑220, and I‑49.
- Ideal for logistics: Offers professional office space and secure outdoor storage/staging.
- High‑visibility location: Situated on the Monkhouse Drive corridor with retail frontage exposure.
Local 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 | $13.5k | $10.80 |
| − Vacancy | −$810 | −$0.65 |
| EGI | $12.7k | $10.15 |
| − OpEx | −$4.4k | −$3.55 |
| NOI | $8.2k | $6.60 |
1,250 SF · lease $10.80/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$202.5K
$177.2K – $236.3K
NOI $14,175 @ 7.0% cap · market cap 11.81%
Second Best
Flex RnD
$117.8K
$103.1K – $137.5K
NOI $8,249 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$263.8K
$230.9K – $307.8K
NOI $18,468 @ 7.0% cap · market cap 15.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Burroughs Bookkeeping & Tax
Tax Preparation
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FAQs
What type of property is this?
Office units - Freestanding commercial building with office space and secure outdoor storage.
Where is this office units located?
The property is located at 4611 Monkhouse Drive Shreveport, LA.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Prime location: Less than 3 minutes from Shreveport Regional Airport, I‑20, I‑220, and I‑49.; Ideal for logistics: Offers professional office space and secure outdoor storage/staging.; High‑visibility location: Situated on the Monkhouse Drive corridor with retail frontage exposure.
