Ground-Level Office
New
For Sale
Contact for pricing
831 Kings Highway #123, Shreveport, LA 71104
Private workspace includes reception and a connecting storage or work room, with shared conference facilities available as needed.
Property Size12,582 SF
Price / SF$0.07
Days on Market3
Property Features for 831 Kings Highway #123
General Information
Standard status
Active
Size
12,582 SF
Total Parking Spaces
45
Property subtype
Commercial
Site & Location
Neighborhood
Fairfield
Utilities to Site
Yes
Additional Details
Floor
Ground Level
Property Use
Executive Suites
Amenities
reception area
high speed wifi
security cameras
onsite FedEx drop
display signage
onsite dumpster
shared conference room
Building Details
Year Built
1993
Tenancy
Multi
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
Changed: Oct 31
Last Checked: Oct 30 at 2:48PM
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.
A ground-floor office suite at Kings Ridge Executive Suites offers approximately 300 square feet of private space, separate from shared areas. The layout includes a reception area and an adjoining storage or work room. Common facilities include restrooms, a mail area, and a reception area; a shared conference room on the ground floor can be used as needed. Additional office space is available on the same level.
The property is on Kings Highway in Shreveport, near South Highlands. Dining, convenience retail, a doughnut shop, and a coffee shop are within the block. On-site parking accommodates 45 cars. Property features include security cameras, outdoor display signage, an on-site FedEx drop, and a dumpster. Lease terms include utilities other than Wi-Fi; high-speed Wi-Fi connections are in place.
The property is on Kings Highway in Shreveport, near South Highlands. Dining, convenience retail, a doughnut shop, and a coffee shop are within the block. On-site parking accommodates 45 cars. Property features include security cameras, outdoor display signage, an on-site FedEx drop, and a dumpster. Lease terms include utilities other than Wi-Fi; high-speed Wi-Fi connections are in place.
Key Highlights
- Approximately 300 square feet of private office space, excluding common areas
- Ground‑level layout with reception and adjoining storage or work room
- Shared conference room available on the same floor as needed
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 16,785.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.66M
$2.32M – $3.10M
NOI $185,892 @ 7.0% cap · market cap 21,869.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
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 - Private workspace includes reception and a connecting storage or work room, with shared conference facilities available as needed.
Where is this office unit located?
The property is located at 831 Kings Highway #123 Shreveport, LA.
What are key features of this property?
This property features: Approximately 300 square feet of private office space, excluding common areas; Ground‑level layout with reception and adjoining storage or work room; Shared conference room available on the same floor as needed
