Shreveport Mixed-Use Property For
For Sale
$1,600,000
8932 Jewella Ave, Shreveport, LA 71118
20,205 SF mixed-use property with office and warehouse space.
Property Size20,205 SF
Price / SF$79.19
Days on Market1577
Property Features for 8932 Jewella Ave
General Information
Standard status
Active
Size
20,205 SF
Total Parking Spaces
100
Property subtype
Office
Zoning
C-UV
Amenities
Water
Sewer
100 Parking Spaces
Listing Agency:
Walker-Alley & Associates
Listed By:
Mitch Busada · License #SALE.0995680290-ACT
(318) 518-4108
Source:
Lacdb.resimplifi
Added: Jun 13, 2022
Changed: Oct 1
Last Checked: Oct 5 at 3:11PM
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 Walker-Alley & Associates
Investment Insights
Based on property information with market context.
Located in Southwest Shreveport, one block south of the Inner Loop (Hwy. 3132) and minutes from I-49 and I-20, this building offers 20,205 rentable square feet. Suite A, comprising 14,060 square feet, is leased through May 2027 and is built out as general office space with larger classrooms and meeting rooms. Suite B, with 6,145 square feet, is currently available. It features approximately 2,600 square feet of office space in the front and approximately 3,500 square feet of warehouse space in the back, including a 12’ x 12’ rollup door. This property is suitable for a variety of commercial uses, offering both office and warehouse functionalities.
Key Highlights
- Leased Suite A provides immediate income through May 2027.
- Strategic location near Inner Loop (Hwy. 3132) and minutes from I‑49 and I‑20.
- Suite B offers a combination of office and warehouse space with a 12’ x 12’ rollup door.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,058
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,881,160
$2.9M
Cap Rate 7%
$2,057,971
$2.1M
Cap Rate 9%
$1,600,644
$1.6M
Market Conditions
NOI Build-Up for 20,205 SF
Gross rent
$181.8K $9.00/SF
− Vacancy
−$12.4K −$0.61/SF
EGI
$169.5K $8.39/SF
− OpEx
−$25.4K −$1.26/SF
NOI
$144.1K $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 Rate 5%
$2,881,160
Cap Rate 7%
$2,057,971
Cap Rate 9%
$1,600,644
Alternative Uses
Best Use
Office B
$3.27M
$2.86M – $3.82M
NOI $229,125 @ 7.0% cap · market cap 14.32%
Second Best
Mixed Use
$3.12M
$2.73M – $3.64M
NOI $218,214 @ 7.0% cap · market cap 13.64%
Theoretical Best
Office A
$4.26M
$3.73M – $4.98M
NOI $298,517 @ 7.0% cap · market cap 18.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Explore this area
Business Placement
Demographics for 71118, LA
24,582
Population
10,078
Households
2.4
Avg Household Size
38
Median Age
20%
College-Educated
90%
High-School Grad
13.1 sq mi
ZIP Area
1,876
Density / Sq Mi
$56,952
Median Household Income
$37,241
Median Earnings
$1,009
Median Rent
$168,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 20,205 SF mixed-use property with office and warehouse space.
Where is this mixed-use property located?
The property is located at 8932 Jewella Ave Shreveport, LA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Leased Suite A provides immediate income through May 2027.; Strategic location near Inner Loop (Hwy. 3132) and minutes from I‑49 and I‑20.; Suite B offers a combination of office and warehouse space with a 12’ x 12’ rollup door.
