Distribution Center with Dock
For Sale
Contact for pricing
4980 Flournoy Lucas Rd, Shreveport, LA 71129
I-2-zoned industrial facility with multiple loading options, renovated offices, and substantial power infrastructure.
Property Size62,693 SF
Lot Size8.10 Acres
Price / SF$0.00
Days on Market221
Property Features for 4980 Flournoy Lucas Rd
General Information
Standard status
Active
Size
62,693 SF
Lot size
8.10 Acres
Property subtype
Industrial
Zoning
I-2
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
26.7 ft
Warehouse Space
55,845 SF
Office Build-Out
6,838 SF
Dock-High Doors
12
Drive-In Doors
2
Heavy Power
Yes
Sprinkler System
Yes
Amenities
security fencing
electronic gate access
Building Details
Building Size
62,693 SF
Construction
tilt-up concrete
Listing Agency:
Vintage Realty Company
Listed By:
Christopher Susilovich
(318) 222-2244
Source:
Lacdb.resimplifi
Added: Mar 11
Changed: Oct 1
Last Checked: Oct 16 at 5:57AM
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 Vintage Realty Company
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Investment Insights
Based on property information with market context.
This distribution center contains 62,693 square feet of building area on approximately 8.1 acres. The facility features concrete tilt-wall construction, 10 dock-high doors, 2 oversized dock doors, 2 grade-level doors, and clear heights ranging from 23’6” to 26’8”. Large truck courts and loading aprons support industrial operations, while approximately 2 acres of excess land provide additional site area. Recent improvements include a new 25-year TPO roof, updated sprinklers, LED warehouse lighting, new office HVAC systems, security fencing, electronic gate access, and renovated office areas.
The property has immediate access to I-20 and I-49 and is located just off Bert Kouns Industrial Loop in Shreveport. Infrastructure includes a 500 KW, 480 V, 3 phase, 60 HZ industrial diesel generator and heavy power service. Ownership will consider subdivision, tenant improvements, and customized occupancy solutions for qualified users.
The property has immediate access to I-20 and I-49 and is located just off Bert Kouns Industrial Loop in Shreveport. Infrastructure includes a 500 KW, 480 V, 3 phase, 60 HZ industrial diesel generator and heavy power service. Ownership will consider subdivision, tenant improvements, and customized occupancy solutions for qualified users.
Key Highlights
- 62,693 SF distribution facility on approximately 8.1 acres
- 10 dock‑high doors, 2 oversized dock doors, and 2 grade‑level doors
- 23’6” – 26’8” clear heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$392,649
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,852,980
$7.9M
Cap Rate 7%
$5,609,271
$5.6M
Cap Rate 9%
$4,362,767
$4.4M
Market Conditions
NOI Build-Up for 62,693 SF
Gross rent
$601.9K $9.60/SF
− Vacancy
−$40.9K −$0.65/SF
EGI
$560.9K $8.95/SF
− OpEx
−$168.3K −$2.68/SF
NOI
$392.6K $6.26/SF
Area
Shreveport, LA
Vacancy
6.80%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,852,980
Cap Rate 7%
$5,609,271
Cap Rate 9%
$4,362,767
Alternative Uses
Best Use
Warehouse
$6.39M
$5.59M – $7.45M
NOI $446,989 @ 7.0% cap · market cap 7,449,816.67%
Second Best
Industrial
$5.61M
$4.91M – $6.54M
NOI $392,649 @ 7.0% cap · market cap 6,544,150.00%
Theoretical Best
Office A
$13.23M
$11.58M – $15.44M
NOI $926,251 @ 7.0% cap · market cap 15,437,516.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
26 ft
Clear height
12
Dock-high doors
2
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 71129, LA
13,198
Population
6,523
Households
2
Avg Household Size
38
Median Age
23%
College-Educated
91%
High-School Grad
42.7 sq mi
ZIP Area
309
Density / Sq Mi
$50,551
Median Household Income
$38,651
Median Earnings
$918
Median Rent
$182,000
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Distribution center - I-2-zoned industrial facility with multiple loading options, renovated offices, and substantial power infrastructure.
Where is this distribution center located?
The property is located at 4980 Flournoy Lucas Rd Shreveport, LA.
What are key features of this property?
This property features: 62,693 SF distribution facility on approximately 8.1 acres; 10 dock‑high doors, 2 oversized dock doors, and 2 grade‑level doors; 23’6” – 26’8” clear heights
