Office Building with Private
New
For Sale
$169,900
909 McDade Street, Bossier City, LA 71112
Commercial-zoned building with reception and warming areas.
Property Size1,112 SF
Days on Market5
Property Features for 909 McDade Street
General Information
Standard status
Active
Size
1,112 SF
Property subtype
Commercial
Zoning
Commercial
Building Details
Building Size
1,112 SF
Year Built
1962
Buildings
1
Stories
1
Units
1
Listing Agency:
Pinnacle Realty Advisors
(318) 230-1844
Listed By:
Lee Nugent · License #0995695038
(318) 230-1844
Source:
Cornerstonehomeandranch
Added: Aug 19
Changed: Aug 20
Last Checked: Aug 22 at 1:14PM
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 Pinnacle Realty Advisors
Investment Insights
Based on property information with market context.
This office building at 909 McDade Street includes three private offices, a reception area, and a warming area. The property sits on a large lot and was built in 1962.
The building is located on McDade Street in Bossier City, Louisiana, with a convenience store situated one block north. Commercial zoning supports the property’s office-oriented configuration.
The building is located on McDade Street in Bossier City, Louisiana, with a convenience store situated one block north. Commercial zoning supports the property’s office-oriented configuration.
Key Highlights
- Three private offices
- Reception area and warming area
- Large lot
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
$10,974
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
6.46%
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%
$219,480
$219.5K
Cap Rate 7%
$156,771
$156.8K
Cap Rate 9%
$121,933
$121.9K
Market Conditions
NOI Build-Up for 1,112 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
$17.2K $15.48/SF
− Vacancy
−$2.6K −$2.32/SF
EGI
$14.6K $13.16/SF
− OpEx
−$3.7K −$3.29/SF
NOI
$11.0K $9.87/SF
Area
Bossier County, LA
Vacancy
15.00%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
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%
$219,480
Cap Rate 7%
$156,771
Cap Rate 9%
$121,933
Alternative Uses
Best Use
Office B
$156.8K
$137.2K – $182.9K
NOI $10,974 @ 7.0% cap · market cap 6.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$189.3K
$165.6K – $220.8K
NOI $13,250 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Explore this area
Business Placement
Demographics for 71112, LA
32,561
Population
14,248
Households
2.3
Avg Household Size
36
Median Age
25%
College-Educated
92%
High-School Grad
41.7 sq mi
ZIP Area
781
Density / Sq Mi
$59,814
Median Household Income
$41,110
Median Earnings
$1,181
Median Rent
$183,600
Median Home Value
Market
Vacancy Rate% for Office 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?
Office building - Commercial-zoned building with reception and warming areas.
Where is this office building located?
The property is located at 909 McDade Street Bossier City, LA.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Three private offices; Reception area and warming area; Large lot
