Gas Station Convenience
For Sale
Contact for pricing
7702 Pines Rd, Shreveport, LA 71129
For sale gas station and convenience retail property with 2,400 sq. ft. building area in Shreveport.
Property Size2,400 SF
Price / SF$187.50
Days on Market190
Property Features for 7702 Pines Rd
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail
Investment Type
Owner/User
Site & Location
Neighborhood
Fox Crossing
Building Details
Year Built
1982
Year Renovated
2005
Listing Agency:
Marcus & Millichap - Orlando
Listed By:
Ray Turchi · License #FL BK3015549
(407) 557-3847
Source:
Crexi
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 28 at 7:03AM
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 Marcus & Millichap - Orlando
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Investment Insights
Based on property information with market context.
This for-sale gas station and convenience retail property includes a 2,400 sq. ft. building. The offering falls under commercial real estate and automotive-related property types, with retail/convenience positioning reflected in the property classification.
The property is located at 7702 Pines Rd in Shreveport, Louisiana 71129. Address-level information is provided for prospective buyers and brokers to confirm access and site specifics during due diligence.
The property is located at 7702 Pines Rd in Shreveport, Louisiana 71129. Address-level information is provided for prospective buyers and brokers to confirm access and site specifics during due diligence.
Key Highlights
- Gas station and convenience retail property for sale in Shreveport
- 2,400 sq. ft. building area
- Built in 1982
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,676
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,520
$533.5K
Cap Rate 7%
$381,086
$381.1K
Cap Rate 9%
$296,400
$296.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$37.4K $15.60/SF
− Vacancy
−$1.9K −$0.78/SF
EGI
$35.6K $14.82/SF
− OpEx
−$8.9K −$3.70/SF
NOI
$26.7K $11.11/SF
Area
Shreveport, LA
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,520
Cap Rate 7%
$381,086
Cap Rate 9%
$296,400
Alternative Uses
Best Use
Specialty Retail
$381.1K
$333.5K – $444.6K
NOI $26,676 @ 7.0% cap · market cap 5.93%
Second Best
Retail
$339.8K
$297.4K – $396.5K
NOI $23,789 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$506.6K
$443.2K – $591.0K
NOI $35,459 @ 7.0% cap · market cap 7.88%
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
177
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - For sale gas station and convenience retail property with 2,400 sq. ft. building area in Shreveport.
Where is this gas station located?
The property is located at 7702 Pines Rd Shreveport, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Gas station and convenience retail property for sale in Shreveport; 2,400 sq. ft. building area; Built in 1982
