Ground-Floor Executive Office
New
For Sale
Contact for pricing
831 Kings Highway #122, Shreveport, LA 71104
A private office includes shared reception, restrooms, mail area, and access to a conference room.
Property Size12,582 SF
Price / SF$0.05
Days on Market2
Property Features for 831 Kings Highway #122
General Information
Standard status
Active
Size
12,582 SF
Property subtype
Commercial
Site & Location
Neighborhood
Fairfield
Additional Details
Floor
Ground Level
Property Use
Office
Amenities
Reception area
Security cameras
Onsite FedEx drop
Shared conference room
Display signage
Onsite dumpster
High-speed wifi
Building Details
Year Built
1993
Listing Agency:
Better Homes And Gardens RE Lindsey Realty
(318) 990-2737
Listed By:
Debra Lindsey · License #0995690271
(903) 306-1454
Source:
Dallasandbeyond
Added: Oct 30
Last Checked: Oct 30 at 2:08PM
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 Better Homes And Gardens RE Lindsey Realty
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Investment Insights
Based on property information with market context.
This ground-level office suite provides approximately 150 square feet of private workspace, separate from shared areas. The configuration includes a reception area, restrooms, mail area, and access to a ground-floor conference room as needed. Security cameras, an onsite parcel drop, and an outdoor display sign are also available. The office complex was built in 1993.
The property is on Kings Highway in Shreveport, at the edge of South Highlands. Onsite parking accommodates 45 cars, and dining, convenience shopping, a doughnut shop, and a coffee shop are within the block. Utilities are included; Wi-Fi is excluded, with connections in place and high-speed service available. An onsite dumpster serves the property.
The property is on Kings Highway in Shreveport, at the edge of South Highlands. Onsite parking accommodates 45 cars, and dining, convenience shopping, a doughnut shop, and a coffee shop are within the block. Utilities are included; Wi-Fi is excluded, with connections in place and high-speed service available. An onsite dumpster serves the property.
Key Highlights
- Approximately 150 SF of private office space, excluding common areas
- Ground‑floor suite with reception area and shared restrooms and mail area
- As‑needed access to a shared conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,680
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,853,600
$2.9M
Cap Rate 7%
$2,038,286
$2.0M
Cap Rate 9%
$1,585,333
$1.6M
Market Conditions
NOI Build-Up for 12,582 SF
Gross rent
$226.5K $18.00/SF
− Vacancy
−$36.2K −$2.88/SF
EGI
$190.2K $15.12/SF
− OpEx
−$47.6K −$3.78/SF
NOI
$142.7K $11.34/SF
Area
Shreveport, LA
Vacancy
16.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,853,600
Cap Rate 7%
$2,038,286
Cap Rate 9%
$1,585,333
Alternative Uses
Best Use
Office B
$2.04M
$1.78M – $2.38M
NOI $142,680 @ 7.0% cap · market cap 23,780.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.66M
$2.32M – $3.10M
NOI $185,892 @ 7.0% cap · market cap 30,982.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
625
Businesses Nearby
Explore this area
Business Placement
Demographics for 71104, LA
13,680
Population
7,160
Households
1.9
Avg Household Size
36
Median Age
31%
College-Educated
94%
High-School Grad
3.9 sq mi
ZIP Area
3,508
Density / Sq Mi
$53,481
Median Household Income
$36,693
Median Earnings
$1,071
Median Rent
$163,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A private office includes shared reception, restrooms, mail area, and access to a conference room.
Where is this office unit located?
The property is located at 831 Kings Highway #122 Shreveport, LA.
What are key features of this property?
This property features: Approximately 150 SF of private office space, excluding common areas; Ground‑floor suite with reception area and shared restrooms and mail area; As‑needed access to a shared conference room
