Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Office Space on Busy Street Title is generated by Realmo AI

    5403 Hearne Avenue, Shreveport, LA 71108

    View on Map
    Claim this Listing
    For Lease
    $850 /Mo

    COMMERCIAL - Shreveport, LA

    Type:Office
    Lot size:
    0.13 Acres
    Added:
    Jan 18, 2026
    Days on Market:
    136
    Last Refresh:
    Jun 3 at 1:06 am

    Property Features for 5403 Hearne Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking features
    Parking Lot, Off Street
    Standard status
    Active
    APN
    171414-149-0028-00
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1990
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet
    Roof type
    Shingle

    We can help!

    Listing Contact
    Tahira Abdul-Rahman

    Listing agent Tahira Abdul-Rahman License #0000000058

    Listing office Tahira & Associates Realty Inc Shreveport, LA

    Listing date Jan 18, 2026

    MLS# 21130326

    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.

    HighLights

    • Affordable rent for this great space.
    • High visibility on busy street, a great location for your business.
    • Central air and heat for year‑round comfort.
    • Paved parking lot available.
    • Close to bus lines and I‑49 for easy access.
    • Off street parking provided.

    Overview

    This office space is available for rent and is situated on a busy street, offering high visibility. The property features central air and heat. A paved parking lot is available. The location provides convenient access to bus lines, I-49, food service businesses, and gas stations.
    Location Intelligence

    Current Use by Public Records

    Kidz Klub Learning ... Tutoring Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.779759
    Latitude
    32.459923

    Nearby Similar for Lease

    • $2,250/Mo

      Professional Office Suite for Lease

      Flexible office layout with private rooms and reception potential, well-suited for medical or professional service use.
      2000 Creswell Avenue, Shreveport, LA 71104
      View Details
    • $5,500/Mo

      Industrial Warehouse with Work Bays

      Versatile industrial layout with offices, warehouse space, two work bays, and flexible trailer space for operations needing room to move.
      6508 W 70th Street, Shreveport, LA 71129
      View Details
    • $3,000/Mo

      Medical or Professional Office Suite

      Well-appointed suite with reception, three offices, and a glass-walled conference room for medical, professional, or administrative use.
      425 Ashley Ridge Boulevard, Shreveport, LA 71106
      View Details
    • $850/Mo

      Executive Office Suite with Parking

      Ground-floor private office suite with reception and storage, available under an all-inclusive gross lease model.
      831 Kings Highway, Shreveport, LA 71104
      View Details
    • $600/Mo

      Ground-Level Executive Office Suite

      All-inclusive office leasing with on-site parking, reception, and utilities included, with WiFi available separately.
      831 Kings Highway, Shreveport, LA 71104
      View Details
    • $3,500/Mo

      Well-Maintained Office Building

      Updated office suites with multiple offices, waiting space, break room, restrooms, and ample newly striped parking.
      8871 Quimper Place, Shreveport, LA 71105
      View Details
    • $1,150/Mo

      Versatile Commercial Building with Parking

      Move-in ready commercial building suitable for various business types.
      1838 Texas Avenue, Shreveport, LA 71103
      View Details
    • $1,250/Mo

      Commercial Office Space For Lease

      Commercial property with office space available for lease.
      3939 Linwood Avenue, Shreveport, LA 71108
      View Details
    • $5,300/Mo

      Climate-Controlled Open Span Warehouse

      New open-span warehouse with 20' ceilings, climate control, ADA restrooms, and convenient overhead-door access.
      7023 Sand Beach Boulevard, Shreveport, LA 71105
      View Details
    • $1,694/Mo

      Renovated Historic Storefront Space

      A beautifully renovated historic storefront with an open layout and secure rear parking for retail, creative office, or showroom use.
      415 Lake Street, Shreveport, LA 71101
      View Details
    • Sponsored
      $109-$2,906/Mo
      11-1,292 SF

      Boardwalk

      333 Texas St, Unit 1300, Shreveport, LA 71101
      View Details
    • $10,000/Mo
      37,576 SF

      Shreveport Warehouse with Cranes

      Industrial property with office, manufacturing space, and overhead cranes.
      717 Grimmett Drive, Shreveport, LA 71107
      View Details

    FAQs

    What type of property is this?
    Office units - Office space for rent with high visibility and paved parking.
    Where is this office units located?
    The property is located at 5403 Hearne Avenue Shreveport, LA.
    What is the lease rate?
    The lease rate is $850 /Mo.
    What are key features of this property?
    This property features: Affordable rent for this great space.; High visibility on busy street, a great location for your business.; Central air and heat for year‑round comfort.
    (318) 425-2707
    We can help!
    Listing Contact
    Tahira Abdul-Rahman
    Real Estate License ID: 0000000058
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5403 Hearne Avenue, Shreveport, LA 71108
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!