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    5035 Flournoy Lucas Rd Shreveport, LA 71129

    For Sale
    $611,000

    6,500 SF Warehouse, Excellent Condition

    Property size:
    6,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 6,500-square-foot industrial warehouse, situated on a 0.61-acre lot in Shreveport, Louisiana, presents a compelling investment opportunity. Built in 1985, the single-story building features two loading docks with two dock-high doors, providing efficient access for loading and unloading. The warehouse boasts a clear-span design, with a front section measuring 40' x 75' and 16' at the eaves, and a rear section of 50' x 50' with 22' eaves. Approximately 1,000 square feet is dedicated to office space and restrooms. Ample parking is available with space for 20 vehicles. The property is zoned I-1 and benefits from excellent access to the B. Kouns Industrial Loop. The asking price is $611,000, translating to $94 per square foot. Sale terms include cash to seller, build-to-suit, and other options. The property's address is 5035 Flournoy Lucas Rd, Shreveport, LA 71129, with APN 161406045000100. This well-maintained warehouse is ideal for owner-users or investors seeking a strategic location within a thriving industrial area.

    Property Features for 5035 Flournoy Lucas Rd

    General Information

    Property type
    Business parks
    Square Feet
    6,500 SF
    Lot Size
    26,572 SF

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    1

    HighLights

    • Industrial/Business Park property, 6,500 square feet.
    • 6,500‑square‑foot building on a 0.61‑acre lot.
    • Asking price: $611,000, $94 per square foot.
    • Two drive‑in bays and two doors.
    • Vacant, owner‑user opportunity.
    • 6,500‑square‑foot building at 5035 Flournoy Lucas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pugh Lubricants Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.8483932
    Latitude
    32.40812

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    FAQs

    What type of property is this?
    Business park - 6,500 SF Warehouse, Excellent Condition
    Where is this business park located?
    The property is located at 5035 Flournoy Lucas Rd Shreveport, LA.
    What is the asking price?
    The asking price for this property is $611,000.
    What are key features of this property?
    This property features: Industrial/Business Park property, 6,500 square feet.; 6,500-square-foot building on a 0.61-acre lot.; Asking price: $611,000, $94 per square foot.
    Request Owner's contact information
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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
    5035 Flournoy Lucas Rd Shreveport, LA 71129
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