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    6821 70Th St Shreveport, LA 71129

    Sponsored
    For Sale
    $450,000

    Prime West Shreveport location, 5,000 sq ft, 9% cap rate.

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A property, located at 6821 W 70th St in Shreveport, Louisiana, presents a lucrative investment opportunity. The 5,000 square foot building sits on a 0.64-acre lot and boasts a desirable blend of office and warehouse space, perfectly suited for a variety of businesses. The single-story structure, renovated in 2013, offers 1,700 square feet of well-appointed office space, including a spacious reception/waiting area, two private offices, a conference room, a kitchen/break room, and two restrooms. The remaining 3,300 square feet comprises a functional warehouse area featuring a 10' x 10' grade-level overhead door, ideal for loading and unloading. The property includes 10 parking spaces and benefits from a 12-foot ceiling height in the warehouse. Currently operating at 100% occupancy, this income-producing asset offers a compelling 9% cap rate at an asking price of $450,000. The property is zoned I-2 (Heavy Industrial), providing flexibility for various industrial uses. Its strategic location in West Shreveport offers convenient access to major transportation arteries, including proximity to W. Bert Kouns Industrial Loop (LA 526) and I-20. Minerals are not included in the sale. This is a turnkey investment opportunity with strong potential for future growth and return.

    Property Features for 6821 70Th St

    General Information

    Property type
    Distribution properties
    Square Feet
    5,000 SF
    Class
    A
    Lot Size
    27,878 SF

    Building Details

    Year Renovated
    2013
    Buildings
    1
    Stories
    1

    HighLights

    • 5,000 SF office/warehouse on 0.64‑acre lot.
    • 1,700 SF of office space with reception area, two private offices, conference room, kitchen, and two restrooms.
    • 3,300 SF warehouse with 10' x 10' grade‑level overhead door.
    • I‑2 (Heavy Industrial) zoning.
    • Located at 6821 W 70th St, Shreveport, LA, near W. Bert Kouns Industrial Loop (LA 526) and I‑20.
    • Income‑producing property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Bar & Pub Hotel & Motel Department Store Building Supply Kitchen & Bath Bakery Electronics Store Wholesale Shop Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.8906754
    Latitude
    32.4418742

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    FAQs

    What type of property is this?
    Distribution property - Prime West Shreveport location, 5,000 sq ft, 9% cap rate.
    Where is this distribution property located?
    The property is located at 6821 70Th St Shreveport, LA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 5,000 SF office/warehouse on 0.64-acre lot.; 1,700 SF of office space with reception area, two private offices, conference room, kitchen, and two restrooms.; 3,300 SF warehouse with 10' x 10' grade-level overhead door.
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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
    6821 70Th St Shreveport, LA 71129
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