Secure Flex Space
For Sale
$2,100,000
4910 N Market St, Shreveport, LA 71107
Two-building commercial facility combines administrative offices, fleet service capacity, fueling, storage, and controlled yard access.
Property Size20,548 SF
Price / SF$102.20
Days on Market182
Property Features for 4910 N Market St
General Information
Standard status
Active
Size
20,548 SF
Property subtype
Industrial
Zoning
C-2
Amenities
Power
Water
Sewer
Natural Gas
Listing Agency:
Walker-Alley & Associates
(318) 222-2022
Listed By:
Raymond Alley · License #0995687005
(318) 222-2022
Source:
Lacdb.resimplifi
Added: Mar 1
Changed: Aug 29
Last Checked: Aug 30 at 1:18PM
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 Walker-Alley & Associates
Investment Insights
Based on property information with market context.
This 20,548-square-foot flex property comprises two operational buildings. The 7,328-square-foot office includes private offices, a conference room, training areas, three restrooms, interior and exterior storage, and a 100 kW diesel generator. A separate 13,220-square-foot maintenance building provides five enclosed service bays and five open bays, with compressed air, exhaust hose ventilation, and a fully decked mezzanine for additional storage.
The campus includes an on-site fueling station with two unleaded gasoline pumps and a secured yard enclosed by CBMU walls and six-foot cyclone fencing topped with barbed wire. Located on North Market Street in Shreveport, the property offers access to Interstate 49 and downtown Shreveport. Surrounding uses include retail, service businesses, and light industrial properties. C-2 zoning is reported for the site.
The campus includes an on-site fueling station with two unleaded gasoline pumps and a secured yard enclosed by CBMU walls and six-foot cyclone fencing topped with barbed wire. Located on North Market Street in Shreveport, the property offers access to Interstate 49 and downtown Shreveport. Surrounding uses include retail, service businesses, and light industrial properties. C-2 zoning is reported for the site.
Key Highlights
- 20,548 SF across two buildings: 7,328 SF office and 13,220 SF maintenance facility
- Five enclosed service bays plus five open bays
- 100 kW diesel‑fueled generator serving the office building
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$146,503
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,930,060
$2.9M
Cap Rate 7%
$2,092,900
$2.1M
Cap Rate 9%
$1,627,811
$1.6M
Market Conditions
NOI Build-Up for 20,548 SF
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.
Gross rent
$184.9K $9.00/SF
− Vacancy
−$12.6K −$0.61/SF
EGI
$172.4K $8.39/SF
− OpEx
−$25.9K −$1.26/SF
NOI
$146.5K $7.13/SF
Area
Shreveport, LA
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,930,060
Cap Rate 7%
$2,092,900
Cap Rate 9%
$1,627,811
Alternative Uses
Best Use
Retail
$2.91M
$2.55M – $3.39M
NOI $203,672 @ 7.0% cap · market cap 9.70%
Second Best
Warehouse
$2.09M
$1.83M – $2.44M
NOI $146,503 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$4.34M
$3.79M – $5.06M
NOI $303,584 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71107, LA
31,311
Population
13,636
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
137.2 sq mi
ZIP Area
228
Density / Sq Mi
$48,114
Median Household Income
$31,075
Median Earnings
$909
Median Rent
$157,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two-building commercial facility combines administrative offices, fleet service capacity, fueling, storage, and controlled yard access.
Where is this flex space located?
The property is located at 4910 N Market St Shreveport, LA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 20,548 SF across two buildings: 7,328 SF office and 13,220 SF maintenance facility; Five enclosed service bays plus five open bays; 100 kW diesel‑fueled generator serving the office building
