Flex Commercial
New
For Sale
$399,000
751 Professional Drive N, Shreveport, LA 71105
Mixed retail, office, workroom, and warehouse configuration with two bathrooms supports varied commercial operations.
Property Size3,905 SF
Price / SF$102.18
Days on Market2
Property Features for 751 Professional Drive N
General Information
Standard status
Active
Size
3,905 SF
Property subtype
Business
Building Details
Year Built
2005
Listing Agency:
Pinnacle Realty Advisors
(318) 233-1045
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 1:47PM
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 Pinnacle Realty Advisors
Investment Insights
Based on property information with market context.
Built in 2005, this 3,905-square-foot flex property combines retail space with an office, workroom, warehouse area, and two bathrooms. The layout brings customer-facing, administrative, and back-of-house functions together within one commercial building, while an established tenant is in place.
The property is located at 751 Professional Drive N in South Shreveport, near major thoroughfares, area businesses, and established residential neighborhoods. Its combination of retail and service-oriented space provides a practical format for a range of commercial operations.
The property is located at 751 Professional Drive N in South Shreveport, near major thoroughfares, area businesses, and established residential neighborhoods. Its combination of retail and service-oriented space provides a practical format for a range of commercial operations.
Key Highlights
- 3,905‑square‑foot flex property built in 2005
- Retail area, office, workroom, warehouse, and two bathrooms
- Established tenant in place
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
$27,842
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
6.98%
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%
$556,840
$556.8K
Cap Rate 7%
$397,743
$397.7K
Cap Rate 9%
$309,356
$309.4K
Market Conditions
NOI Build-Up for 3,905 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
$35.1K $9.00/SF
− Vacancy
−$2.4K −$0.61/SF
EGI
$32.8K $8.39/SF
− OpEx
−$4.9K −$1.26/SF
NOI
$27.8K $7.13/SF
Area
Shreveport, LA
Vacancy
6.80%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
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%
$556,840
Cap Rate 7%
$397,743
Cap Rate 9%
$309,356
Alternative Uses
Best Use
Retail
$552.9K
$483.8K – $645.1K
NOI $38,706 @ 7.0% cap · market cap 9.70%
Second Best
Warehouse
$397.7K
$348.0K – $464.0K
NOI $27,842 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$824.2K
$721.2K – $961.6K
NOI $57,694 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71105, LA
21,308
Population
11,139
Households
1.9
Avg Household Size
38
Median Age
45%
College-Educated
95%
High-School Grad
9.5 sq mi
ZIP Area
2,243
Density / Sq Mi
$66,758
Median Household Income
$48,396
Median Earnings
$1,247
Median Rent
$216,000
Median Home Value
Market
Vacancy Rate% for Industrial 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 - Mixed retail, office, workroom, and warehouse configuration with two bathrooms supports varied commercial operations.
Where is this flex space located?
The property is located at 751 Professional Drive N Shreveport, LA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3,905‑square‑foot flex property built in 2005; Retail area, office, workroom, warehouse, and two bathrooms; Established tenant in place
