Retail Space For
For Sale
Contact for pricing
1200 Highland Ave, Shreveport, LA 71101
Retail space available for purchase.
Property Size1,650 SF
Price / SF$124.24
Days on Market924
Property Features for 1200 Highland Ave
General Information
Standard status
Active
Size
1,650 SF
Property subtype
Retail
Building Details
Year Built
1991
Listing Agency:
Vintage Realty Company
Listed By:
Archer Frierson · License #LA SALE.0000040317-ACT
(318) 222-2244
Source:
Crexi
Added: Mar 29, 2024
Changed: Sep 25
Last Checked: Oct 7 at 12:09PM
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 Vintage Realty Company
Investment Insights
Based on property information with market context.
This retail space, with a size of 1650 square feet, is available for sale. The property is located on Highland Avenue in Shreveport, Louisiana.
Key Highlights
- Built in 1991
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,355
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,100
$327.1K
Cap Rate 7%
$233,643
$233.6K
Cap Rate 9%
$181,722
$181.7K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$24.8K $15.00/SF
− Vacancy
−$1.4K −$0.84/SF
EGI
$23.4K $14.16/SF
− OpEx
−$7.0K −$4.25/SF
NOI
$16.4K $9.91/SF
Area
Shreveport, LA
Vacancy
5.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,100
Cap Rate 7%
$233,643
Cap Rate 9%
$181,722
Alternative Uses
Best Use
Retail
$233.6K
$204.4K – $272.6K
NOI $16,355 @ 7.0% cap · market cap 7.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$348.3K
$304.7K – $406.3K
NOI $24,378 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,300
Businesses Nearby
Explore this area
Business Placement
Demographics for 71101, LA
6,560
Population
4,548
Households
1.4
Avg Household Size
41
Median Age
13%
College-Educated
77%
High-School Grad
4.2 sq mi
ZIP Area
1,562
Density / Sq Mi
$17,924
Median Household Income
$32,135
Median Earnings
$714
Median Rent
$86,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail 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?
Retail space - Retail space available for purchase.
Where is this retail space located?
The property is located at 1200 Highland Ave Shreveport, LA.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Built in 1991
