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    525 Milam St Shreveport, LA 71101

    For Lease
    Contact for pricing

    Prestigious CBD office suites, 1,380-19,005 sq ft.

    Lot size:
    244,779 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 14-story, Class B office building at 525 Milam Street in Shreveport, Louisiana, offers multiple tenancy options in a prime Central Business District location. Built in 1950, the 244,779 square foot building is zoned B-4 and situated within a National Register Historic District. Units range from a minimum of 1,380 square feet to a maximum contiguous space of 19,005 square feet, providing flexibility for various business needs. The building enjoys a highly convenient location, directly across from the Caddo Parish Courthouse and within walking distance of the Shreveport Convention Center, Riverfront Entertainment District, and numerous retail establishments in the West End CBD. Its strategic position offers easy access to local, state, and federal courthouses, as well as the City and Parish Administrative Building. Currently, the building houses regional offices for several prominent energy companies, reflecting its prestigious address and strong tenant base. This exceptional property presents a unique opportunity for businesses seeking a prominent and well-connected location in the heart of Shreveport's thriving downtown area. The building's rich history and modern amenities combine to create a sophisticated and functional workspace.

    Property Features for 525 Milam St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    244,779 SF
    Class
    B

    Building Details

    Year Built
    1950
    Stories
    14

    Unit(s) available at that property

    Space
    Twelfth Floor
    Size
    17,053 SF
    Space
    Thirteenth Floor
    Size
    17,044 SF
    Space
    Eleventh Floor
    Size
    17,063 SF
    Space
    Tenth Floor
    Size
    17,049 SF
    Space
    Ninth Floor
    Size
    16,064 SF
    Space
    Eighth Floor
    Size
    17,080 SF
    Space
    Seventh Floor
    Size
    17,182 SF
    Space
    Fifth Floor
    Size
    19,005 SF
    Space
    First Floor
    Size
    13,670 SF
    Space
    Basement, Available Space
    Size
    1,380 SF
    Space
    Fourteenth Floor
    Size
    15,317 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nor Am Energy ... Electric Utility Company Police Police Department Symmetry Energy Energy Supplier Aer-Arkansas Gas Transit ... Gas Company

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.7493016
    Latitude
    32.5112157

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    FAQs

    What type of property is this?
    Office space - Prestigious CBD office suites, 1,380-19,005 sq ft.
    Where is this office space located?
    The property is located at 525 Milam St Shreveport, LA.
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    525 Milam St Shreveport, LA 71101
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    Shreveport, LA 71101
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    Realmo Value Estimation

    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.

    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.

    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
    525 Milam St Shreveport, LA 71101
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