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    1513 Line Ave Shreveport, LA 71101

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    For Lease
    Contact for pricing

    Modern Office Suites, 23,000+ SF Available

    Lot size:
    41,000 SF

    Property Features for 1513 Line Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,000 SF
    Total Rate
    23916.67

    Spaces For Lease

    at 1513 Line Ave, Shreveport, LA 71101 Contact us
    Unit Suite 227

    $14 /Mo

    Size
    513 SF
    Contact us
    Unit Suite 335

    $14 /Mo

    Size
    800 SF
    Contact us
    Unit Suite 355

    $10 /Mo

    Size
    10,408 SF
    Contact us
    Unit Suite 135

    $14 /Mo

    Size
    1,337 SF
    Contact us
    Unit Suite 220

    $14 /Mo

    Size
    433 SF
    Contact us
    Unit Suite 222

    $14 /Mo

    Size
    728 SF
    Contact us
    Unit Suite 230

    $14 /Mo

    Size
    728 SF
    Contact us
    Unit Suite 231

    $14 /Mo

    Size
    357 SF
    Contact us
    Unit Suite 235

    $14 /Mo

    Size
    831 SF
    Contact us
    Unit Suite 239

    $14 /Mo

    Size
    831 SF
    Contact us
    Unit Suite 240

    $14 /Mo

    Size
    546 SF
    Contact us
    Unit Suite 305

    $14 /Mo

    Size
    1,744 SF
    Contact us
    Unit Suite 325

    $14 /Mo

    Size
    505 SF
    Contact us
    Unit Suite 327

    $14 /Mo

    Size
    394 SF
    Contact us
    Unit Suite 329

    $14 /Mo

    Size
    387 SF
    Contact us
    Unit Suite 334

    $14 /Mo

    Size
    312 SF
    Contact us
    Unit Suite 338

    $14 /Mo

    Size
    575 SF
    Contact us
    Unit Suite 345

    $14 /Mo

    Size
    714 SF
    Contact us
    Unit Suite 351

    $14 /Mo

    Size
    592 SF
    Contact us
    Unit Suite 250

    $14 /Mo

    Size
    470 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Eric Ricard

    Listing Agency: Vintage Realty Company Listing Agent: Eric Ricard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    1513 Line Avenue in Shreveport, Louisiana, offers a prime opportunity for businesses seeking executive office space. This multi-tenant property boasts a total of 41,000 square feet, with a significant 23,205 square feet currently vacant and ready for immediate occupancy. The building is zoned C-UC, allowing for a variety of commercial uses. Units range in size from a minimum of 312 square feet to a maximum contiguous space of 10,408 square feet, providing flexibility for businesses of all sizes. Twenty individual spaces are currently available for lease. Ample parking is provided with 221 spaces available for tenants and their clients. The property is conveniently located at 1513 Line Avenue in Shreveport, Caddo Parish, Louisiana, 71101. This location offers excellent access to major roadways and is situated within a thriving commercial district. The property is classified as both retail and office space, making it a versatile option for a variety of businesses. The building's modern design and ample parking make it an attractive option for businesses seeking a professional and convenient location. Inquire today to learn more about leasing opportunities and secure your ideal space in this desirable Shreveport location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NL Whole Health ... Medical Clinic Jenkins Counseling Services Crisis Center Donzell Harrison Foster Care Service Outreach Services Community ... Association / Organization Serenity Counseling Services,LLC Crisis Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.7454989
    Latitude
    32.497204

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      Renovated Storefront Retail/Office Space

      Historically renovated retail or office space with private parking.
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      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Suites, 23,000+ SF Available
    Where is this office property / space located?
    The property is located at 1513 Line Ave Shreveport, LA.
    What is the lease rate?
    The lease rate is $10-$14 SF/Yr.
    What are key features of this property?
    This property features: Office suites available for lease, ranging from 312 to 10,408 square feet.; Suite 355 features a high-end buildout, previously occupied by the US Census Bureau (nearly $500,000 invested in 2019), including an open floor plan, private offices, breakroom, and restrooms.; Ample parking with approximately 221 spaces.
    Request Owner's contact information
    1513 Line Ave Shreveport, LA 71101
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    Shreveport, LA 71101
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1513 Line Ave Shreveport, LA 71101
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    Contact for Pricing
    Please call us for current price
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    Eric Ricard
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