Bossier City Commercial
For Sale
Contact for pricing
1445 Airline Drive, Bossier City, LA 71112
Commercial space for sale in Bossier City with high traffic.
Property Size2,178 SF
Price / SF$114.78
Days on Market720
Property Features for 1445 Airline Drive
General Information
Standard status
Active
Size
2,178 SF
Property subtype
Office
Building Details
Year Built
1964
Listing Agency:
Coldwell Banker Gosslee
Listed By:
Karen Baker · License #LA
Source:
Crexi
Added: Oct 25, 2024
Changed: Aug 8
Last Checked: Aug 25 at 5:52AM
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 Gosslee
Investment Insights
Based on property information with market context.
This commercial space is located in Bossier City. The property offers 2,178 square feet of space. Situated on Airline Drive, it benefits from high traffic counts and is positioned just south of I-20.
Key Highlights
- Excellent commercial space for sale
- High traffic counts are a plus
- Bossier City location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,494
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,880
$429.9K
Cap Rate 7%
$307,057
$307.1K
Cap Rate 9%
$238,822
$238.8K
Market Conditions
NOI Build-Up for 2,178 SF
Gross rent
$33.7K $15.48/SF
− Vacancy
−$5.1K −$2.32/SF
EGI
$28.7K $13.16/SF
− OpEx
−$7.2K −$3.29/SF
NOI
$21.5K $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 Rate 5%
$429,880
Cap Rate 7%
$307,057
Cap Rate 9%
$238,822
Alternative Uses
Best Use
Office B
$307.1K
$268.7K – $358.2K
NOI $21,494 @ 7.0% cap · market cap 8.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$370.8K
$324.4K – $432.6K
NOI $25,953 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
462
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Commercial space for sale in Bossier City with high traffic.
Where is this office units located?
The property is located at 1445 Airline Drive Bossier City, LA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Excellent commercial space for sale; High traffic counts are a plus; Bossier City location
