Secure Flex Space
New
For Sale
$2,100,000
4910 N Market Street, Shreveport, LA 71107
SINGLE_FAMILY - Shreveport, LA
Property Size20,548 SF
Lot Size9.00 Acres
Price / SF$102.20
Days on Market3
Property Features for 4910 N Market Street
General Information
Property type
Residential
Property subtype
Office
Zoning description
C-2
Parking features
Open
Subdivision
Brazzel North Sub
Lot features
Acreage
Directions
4910 North Market Close to the library
Standard status
Active
APN
191432052000100,191432004002300
Lot size
9.00 Acres
Taxes and HOA fees
Tax Description
5.333 ACS. M/L - LOT 1, BRAZZEL NORTH SUBDIVI,2.13
Tax Annual Amount
14568
Legal Description
5.333 ACS. M/L - LOT 1, BRAZZEL NORTH SUBDIVI,2.13
Utilities
Sewer type
Public Sewer
Heating system
Central
Water source
Public
Amenities
private offices
three restrooms
conference room
training areas
interior and exterior storage
100 kW diesel backup generator
compressed air systems
exhaust hose ventilation
fully decked mezzanine
on-site fueling station
Building Details
Year built
2018
Floors in Building
2
Number of units
2
Flooring type
Tile, Combination
Building materials
AluminumSiding, Brick, MetalSiding
Roof type
Metal
Listing Agency:
Walker-Alley & Associates
(318) 222-2022
Listed By:
Danielle Cummings · License #0995687005
(318) 222-2022
Added: Aug 12
Changed: Aug 13
Last Checked: Aug 14 at 6:06AM
MLS# 21358056
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.
Investment Insights
Based on property information with market context.
This 9-acre flex property contains two buildings totaling 20,548 square feet. The 7,328-square-foot office building provides private offices, three restrooms, a conference room, training areas, and both interior and exterior storage. A 100 kW diesel generator supports the office component. The 13,220-square-foot maintenance building adds five enclosed service bays, five open bays, compressed-air systems, exhaust-hose ventilation, and a fully decked mezzanine for additional storage.
Fleet operations are supported by an on-site fueling station with two unleaded gasoline pumps. The grounds are enclosed with concrete block masonry and six-foot cyclone fencing topped with barbed wire, creating a controlled yard with vehicle circulation areas. Built in 2018, the property has public water and public sewer, open parking, central heating, and a metal roof. Its North Market Street setting places the facility along a commercial corridor near retail, service, and light industrial businesses, with access to Interstate 49 and the surrounding Shreveport market.
Fleet operations are supported by an on-site fueling station with two unleaded gasoline pumps. The grounds are enclosed with concrete block masonry and six-foot cyclone fencing topped with barbed wire, creating a controlled yard with vehicle circulation areas. Built in 2018, the property has public water and public sewer, open parking, central heating, and a metal roof. Its North Market Street setting places the facility along a commercial corridor near retail, service, and light industrial businesses, with access to Interstate 49 and the surrounding Shreveport market.
Key Highlights
- 20,548 square feet across two buildings on 9 acres
- 7,328‑square‑foot office building with private offices, training areas, storage, and three restrooms
- 13,220‑square‑foot maintenance facility with five enclosed and five open service bays
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
$135,592
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
6.46%
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%
$2,711,840
$2.7M
Cap Rate 7%
$1,937,029
$1.9M
Cap Rate 9%
$1,506,578
$1.5M
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
$221.9K $10.80/SF
− Vacancy
−$13.3K −$0.65/SF
EGI
$208.6K $10.15/SF
− OpEx
−$73.0K −$3.55/SF
NOI
$135.6K $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 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%
$2,711,840
Cap Rate 7%
$1,937,029
Cap Rate 9%
$1,506,578
Alternative Uses
Best Use
Office B
$3.33M
$2.91M – $3.88M
NOI $233,014 @ 7.0% cap · market cap 11.10%
Second Best
Retail
$2.91M
$2.55M – $3.39M
NOI $203,672 @ 7.0% cap · market cap 9.70%
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
Lease Details
10
Service bays
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Balanced
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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Two-building commercial facility combining offices, fleet maintenance bays, fueling, storage, and a secured vehicle yard.
Where is this flex space located?
The property is located at 4910 N Market Street 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 square feet across two buildings on 9 acres; 7,328‑square‑foot office building with private offices, training areas, storage, and three restrooms; 13,220‑square‑foot maintenance facility with five enclosed and five open service bays
