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    Fully Leased South Highlands Center Title is generated by Realmo AI

    4847 Line Avenue, Shreveport, LA 71106

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    For Sale
    $1,225,000

    Income-producing strip center in prime location with established tenants.

    Type:Commercial
    Property size:
    7,129 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $171/SF
    Added:
    Apr 22, 2026
    Days on Market:
    55
    Last Refresh:
    Apr 22 at 5:37 pm

    Property Features for 4847 Line Avenue

    General Information

    Standard status
    Active
    Size
    7,129 SF
    Lot size
    0.28 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1975

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    Listing Contact
    Andrew Cordaro

    Listing agent Andrew Cordaro

    Listing office Coldwell Banker Apex, REALTORS

    Listing date Apr 22, 2026

    Source Signaturere

    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 Coldwell Banker Apex, REALTORS

    HighLights

    • Fully leased income‑producing strip center.
    • Prime location in the heart of South Highlands, in front of Pierremont Mall and across from Uptown Shopping Center.
    • Strong tenant mix: Clarkes Jewelers, At Home Academy, Duncan Optical, and Leonard's Jewelers.
    • Zoned C‑UC (Commercial‑Urban Core).
    • 29 parking spaces.
    • Financials (Income & Expense, Rent Roll, Lease Agreements) available with NDA.

    Overview

    This fully leased strip center is located in the South Highlands area, positioned in front of Pierremont Mall and across Line Avenue from Uptown Shopping Center. The property is zoned C-UC (Commercial-Urban Core) and includes 29 parking spaces. The lot measures 0.28 acres, with dimensions of 80 feet wide by 150 feet deep. The property has a size of 7129 square feet. Current tenants include Clarkes Jewelers, At Home Academy, Duncan Optical, and Leonard's Jewelers. Floor plans are available.

    Local Financial Insights For Retail

    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 $106.9k $15.00
    − Vacancy −$6.0k −$0.84
    EGI $100.9k $14.16
    − OpEx −$30.3k −$4.25
    NOI $70.7k $9.91
    7,129 SF · lease $15.00/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.01M
    $883.3K – $1.18M (±1% cap)
    NOI $70,663 @ 7.0% cap · market cap 5.77%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.50M
    $1.32M – $1.76M (±1% cap)
    NOI $105,327 @ 7.0% cap · market cap 8.60%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Clarkes Jewelers (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.744939
    Latitude
    32.457448

    FAQs

    What type of property is this?
    Strip mall - Income-producing strip center in prime location with established tenants.
    Where is this strip mall located?
    The property is located at 4847 Line Avenue Shreveport, LA.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: Fully leased income‑producing strip center.; Prime location in the heart of South Highlands, in front of Pierremont Mall and across from Uptown Shopping Center.; Strong tenant mix: Clarkes Jewelers, At Home Academy, Duncan Optical, and Leonard's Jewelers.
    More about this property
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