Shreveport Industrial Site For
6875 Patrick Lane, Shreveport, LA 71129
For Sale
$1,300,000
Functional 3-acre industrial site with 9,381 SF building.
Property Size9,381 SF
Lot Size3.10 Acres
Price / SF$138.58
Days on Market252
Property Features for 6875 Patrick Lane
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Listing Agency:
Lee & Associates Louisiana
Listed By:
Tom McGee
(318) 282-2974
Source:
Lee-associates
Added: Mar 4
Changed: Oct 26
Last Checked: Nov 10 at 6:29AM
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 Lee & Associates Louisiana
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in Shreveport, LA, 6875 Patrick Lane is an industrial site spanning 3 acres. It features a stabilized rock yard suitable for heavy equipment, truck traffic, and exterior storage. The property includes a 9,381 SF building, with approximately 1,525 SF of finished office/showroom space and 5,777 SF of shop space. A dedicated wash bay is also included. The layout is designed to support various industrial uses, such as fleet services, equipment rental, oilfield support, or logistics operators requiring both administrative space and shop capabilities. The building features 6 grade-level doors.
Key Highlights
- 3‑acre industrial site with stabilized rock yard suitable for heavy equipment and storage.
- 9,381 SF building with office/showroom and shop space.
- Includes a dedicated wash bay.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,903
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,060
$1.2M
Cap Rate 7%
$884,329
$884.3K
Cap Rate 9%
$687,811
$687.8K
Market Conditions
NOI Build-Up for 9,381 SF
Gross rent
$101.3K $10.80/SF
− Vacancy
−$6.1K −$0.65/SF
EGI
$95.2K $10.15/SF
− OpEx
−$33.3K −$3.55/SF
NOI
$61.9K $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 Rate 5%
$1,238,060
Cap Rate 7%
$884,329
Cap Rate 9%
$687,811
Alternative Uses
Best Use
Flex RnD
$884.3K
$773.8K – $1.03M
NOI $61,903 @ 7.0% cap · market cap 4.76%
Second Best
Industrial
$839.3K
$734.4K – $979.2K
NOI $58,754 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,599 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Well-served
Demand for This Use
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
$182,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Shreveport, LA
Properties on Market for Flex space in Shreveport
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Functional 3-acre industrial site with 9,381 SF building.
Where is this flex space located?
The property is located at 6875 Patrick Lane Shreveport, LA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 3‑acre industrial site with stabilized rock yard suitable for heavy equipment and storage.; 9,381 SF building with office/showroom and shop space.; Includes a dedicated wash bay.
