Flex Space with Overhead
New
For Sale
Contact for pricing
9275 Youree Drive, Shreveport, LA 71115
The suite pairs dedicated office space with a warehouse area, with heating and cooling throughout.
Property Size2,018 SF
Price / SF$1.36
Days on Market3
Property Features for 9275 Youree Drive
General Information
Standard status
Active
Size
2,018 SF
Property subtype
Commercial
Site & Location
Neighborhood
East Ridge
Building Details
Year Built
2022
Listing Agency:
Coldwell Banker Apex, REALTORS
(318) 861-2461
Listed By:
Andrew Cordaro · License #995686324
(318) 455-3661
Source:
Dallasandbeyond
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 30 at 3:22PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2022, this 2,018-square-foot flex suite includes a large office, private restroom, LED lighting, and a 12' x 12' overhead door. A 6-ton HVAC unit serves the entire space. Building-front signage faces Youree Drive.
The property sits at the northeast corner of Youree Drive and Flournoy Lucas Road in southeast Shreveport, with access to 3132 and I-49. The 2.5-acre site has 70 concrete parking spaces. Zoning is I-MU, which permits uses under C-3, C-4, and I-1 zoning classifications.
The property sits at the northeast corner of Youree Drive and Flournoy Lucas Road in southeast Shreveport, with access to 3132 and I-49. The 2.5-acre site has 70 concrete parking spaces. Zoning is I-MU, which permits uses under C-3, C-4, and I-1 zoning classifications.
Key Highlights
- 2,018 square feet of flex space
- Large office and private restroom
- 6‑ton HVAC unit heats and cools the entire suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,639
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,780
$252.8K
Cap Rate 7%
$180,557
$180.6K
Cap Rate 9%
$140,433
$140.4K
Market Conditions
NOI Build-Up for 2,018 SF
Gross rent
$19.4K $9.60/SF
− Vacancy
−$1.3K −$0.65/SF
EGI
$18.1K $8.95/SF
− OpEx
−$5.4K −$2.68/SF
NOI
$12.6K $6.26/SF
Area
Shreveport, LA
Vacancy
6.80%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,780
Cap Rate 7%
$180,557
Cap Rate 9%
$140,433
Alternative Uses
Best Use
Warehouse
$205.5K
$179.9K – $239.8K
NOI $14,388 @ 7.0% cap · market cap 523.20%
Second Best
Flex RnD
$190.2K
$166.5K – $221.9K
NOI $13,316 @ 7.0% cap · market cap 484.22%
Theoretical Best
Office A
$425.9K
$372.7K – $496.9K
NOI $29,815 @ 7.0% cap · market cap 1,084.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71115, LA
15,436
Population
7,506
Households
2.1
Avg Household Size
41
Median Age
44%
College-Educated
93%
High-School Grad
116.3 sq mi
ZIP Area
133
Density / Sq Mi
$71,645
Median Household Income
$44,747
Median Earnings
$1,110
Median Rent
$239,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - The suite pairs dedicated office space with a warehouse area, with heating and cooling throughout.
Where is this flex space located?
The property is located at 9275 Youree Drive Shreveport, LA.
What are key features of this property?
This property features: 2,018 square feet of flex space; Large office and private restroom; 6‑ton HVAC unit heats and cools the entire suite
