Move-In Ready Office
5902 Buncombe Road Shreveport, LA 71129
New
5902 Buncombe Road, Shreveport, LA, 71129
$149,900
For Sale
$149,900
Vacant office building with a reception area, private office, conference room, kitchenette, and on-site parking.
Property Size880 SF
Price / SF$170.34
Days on Market2
Property Features for 5902 Buncombe Road
General Information
- Standard status
- Active
- Size
- 880 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1992
Listing agency
Diamond Realty & Associates
(318) 464-2914
Listed by
Terri Levesque
(318) 464-2914
Source
Signaturere
Added: Jul 21 Updated: Jul 22 at 8:09AM Checked: Jul 22 at 8:09AM
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 Diamond Realty & Associates
Investment Insights
Based on property information with market context.
This move-in ready professional office building offers approximately 880 square feet with a welcoming reception area featuring a fireplace, a private office, a dedicated conference room, and a flexible workspace. The interior also includes a kitchenette, a restroom with a shower, and additional storage space. The property includes on-site parking and a detached storage building.
The property is located in a convenient west Shreveport area at 5902 Buncombe Road and is identified with B-1 Commercial zoning. The building is currently vacant and ready for immediate occupancy, with the flexibility to accommodate a variety of approved commercial and professional uses.
The overall layout is designed to support both client-facing reception and day-to-day office operations, while maintaining flexibility for different professional business setups.
The property is located in a convenient west Shreveport area at 5902 Buncombe Road and is identified with B-1 Commercial zoning. The building is currently vacant and ready for immediate occupancy, with the flexibility to accommodate a variety of approved commercial and professional uses.
The overall layout is designed to support both client-facing reception and day-to-day office operations, while maintaining flexibility for different professional business setups.
Key Highlights
- Stand‑alone office building built in 1992, vacant and ready for immediate occupancy
- Approximately 880 SF office with a reception area featuring a fireplace
- Includes a private office, dedicated conference room, and flexible workspace
Local Financial Insights For Office B
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 | $15.8k | $18.00 |
| − Vacancy | −$2.5k | −$2.88 |
| EGI | $13.3k | $15.12 |
| − OpEx | −$3.3k | −$3.78 |
| NOI | $10.0k | $11.34 |
880 SF · lease $18.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$142.6K
$124.7K – $166.3K
NOI $9,979 @ 7.0% cap · market cap 6.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$185.7K
$162.5K – $216.7K
NOI $13,001 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
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FAQs
What type of property is this?
Office units - Vacant office building with a reception area, private office, conference room, kitchenette, and on-site parking.
Where is this office units located?
The property is located at 5902 Buncombe Road Shreveport, LA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Stand‑alone office building built in 1992, vacant and ready for immediate occupancy; Approximately 880 SF office with a reception area featuring a fireplace; Includes a private office, dedicated conference room, and flexible workspace
