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    1253 Texas Ave Shreveport, LA 71101

    Sponsored
    For Lease
    $10 SF/Yr

    Downtown Shreveport Mixed-Use Spaces

    Lot size:
    34,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located in downtown Shreveport on Texas Avenue, offers a unique opportunity. The 34,000 square foot, Class A building, originally constructed in 1900 and extensively renovated in 2022, comprises two buildings and two stories. It features a vibrant food hall with space for multiple vendors (7 spaces available, ranging from 150 to 2,100 contiguous square feet), ideal for established businesses or pop-up entrepreneurs. The property also includes various office spaces suitable for creative, coworking, executive, or traditional office uses. The flexible layout allows for multiple tenancy options, with a minimum divisible space of 150 square feet. Amenities include elevators and ample parking. The 1.27-acre lot is zoned D-1-CMU in Caddo Parish, and a convenient electric car charging station is under construction across Murphy Street. This adaptive reuse project, spearheaded by SporTran, offers a prime location in a revitalized area, poised to benefit from increased foot traffic and visibility. The property is ready for occupancy in Spring 2023, presenting a chance to be part of Shreveport-Bossier City's first mixed-use food hall and office redevelopment.

    Property Features for 1253 Texas Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,000 SF
    Class
    A
    Total Rate
    28333.33

    Building Details

    Year Built/Renovated
    1900/2022
    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    FH-Office
    Size
    150 SF
    Rate per SF
    $12
    Space
    Office-1
    Size
    953 SF
    Rate per SF
    $17
    Space
    Retail/Office-1
    Size
    1,237 SF
    Rate per SF
    $10
    Space
    Retail/Office-2
    Size
    2,100 SF
    Rate per SF
    $10
    Space
    FH-A
    Size
    1,305 SF
    Rate per SF
    $12
    Space
    FH-B
    Size
    1,268 SF
    Rate per SF
    $12
    Space
    FH-C
    Size
    1,361 SF
    Rate per SF
    $12

    HighLights

    • Class A mixed‑use building totaling 34,000 square feet, with two buildings and two stories.
    • Located in Downtown Shreveport, Caddo Parish, on Texas Avenue, near Murphy Street.
    • Features a food hall with space for multiple vendors (150‑2,100 sq ft available), plus office and retail space.
    • Recently renovated in 2022, with a minimum divisible space of 150 sq ft and a maximum contiguous space of 2,100 sq ft.
    • Zoned D‑1‑CMU, with amenities including elevators and a 1.27‑acre lot. Built in 1900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Law Firm Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo Parish
    State
    Louisiana
    Longitude
    -93.754744375193
    Latitude
    32.500029512434

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    FAQs

    What type of property is this?
    Restaurant - Downtown Shreveport Mixed-Use Spaces
    Where is this restaurant located?
    The property is located at 1253 Texas Ave Shreveport, LA.
    What is the lease rate?
    The lease rate is $10-$17 SF/Yr.
    What are key features of this property?
    This property features: Class A mixed-use building totaling 34,000 square feet, with two buildings and two stories.; Located in Downtown Shreveport, Caddo Parish, on Texas Avenue, near Murphy Street.; Features a food hall with space for multiple vendors (150-2,100 sq ft available), plus office and retail space.
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    Shreveport, LA 71101
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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
    1253 Texas Ave Shreveport, LA 71101
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