Versatile Commercial Property on Shed
For Sale
Contact for pricing
3629 Shed Rd, Bossier City, LA 71111
Large commercial lot with metal building and office space.
Property Size7,500 SF
Lot Size4.00 Acres
Price / SF$160
Days on Market881
Property Features for 3629 Shed Rd
General Information
Standard status
Active
Size
7,500 SF
Lot size
4.00 Acres
Property subtype
Industrial
Lease Type
Gross
Building Details
Buildings
1
Stories
2
Tenancy
Single
Listing Agency:
Coldwell Banker Apex, Realtors
(318) 469-6867
Listed By:
Mary Jo Gray · License #LA995687380
Source:
Crexi
Added: Mar 25, 2024
Changed: Aug 14
Last Checked: Aug 21 at 2:50PM
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 Coldwell Banker Apex, Realtors
Investment Insights
Based on property information with market context.
This commercial property in Bossier City, Louisiana, features a metal building of approximately 7500 square feet, which includes office space, situated on a lot spanning nearly 4 acres. The property currently hosts a towing and auto repair business and is suited for various light industrial business endeavors, including oil and gas offices and storage. The metal building is adaptable to numerous business ventures, and the included office space can be used for management or customer service. The property has approximately 600 feet of road frontage along Shed Road and is located in a high-traffic industrial area.
Key Highlights
- High‑traffic location in a thriving industrial area.
- Large metal building (approx. 7500 sq ft) adaptable to various businesses.
- Currently operating as a successful towing and auto repair business.
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
$64,711
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
5.39%
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%
$1,294,220
$1.3M
Cap Rate 7%
$924,443
$924.4K
Cap Rate 9%
$719,011
$719.0K
Market Conditions
NOI Build-Up for 7,500 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
$114.3K $15.24/SF
− Vacancy
−$14.7K −$1.97/SF
EGI
$99.6K $13.27/SF
− OpEx
−$34.8K −$4.65/SF
NOI
$64.7K $8.63/SF
Area
Bossier County, LA
Vacancy
12.90%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
35.00%
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%
$1,294,220
Cap Rate 7%
$924,443
Cap Rate 9%
$719,011
Alternative Uses
Best Use
Flex RnD
$924.4K
$808.9K – $1.08M
NOI $64,711 @ 7.0% cap · market cap 5.39%
Second Best
Retail
$693.3K
$606.6K – $808.8K
NOI $48,530 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,369 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 71111, LA
44,476
Population
19,563
Households
2.3
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
45.2 sq mi
ZIP Area
984
Density / Sq Mi
$66,465
Median Household Income
$43,483
Median Earnings
$1,065
Median Rent
$268,600
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 - Large commercial lot with metal building and office space.
Where is this flex space located?
The property is located at 3629 Shed Rd Bossier City, LA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: High‑traffic location in a thriving industrial area.; Large metal building (approx. 7500 sq ft) adaptable to various businesses.; Currently operating as a successful towing and auto repair business.
