Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Land in North Bossier Title is generated by Realmo AI

    Airline Dr. 20 Acres, Bossier City, LA 71111

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Cleared, level land with high visibility in growing commercial area.

    Type:Land
    Added:
    May 4, 2022
    Days on Market:
    1492
    Last Refresh:
    May 19 at 9:12 pm

    Property Features for Airline Dr. 20 Acres

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Michael Morrison
    Michael Morrison

    Listing agent Michael Morrison License #LA SALE.0000020699-ACT

    Listing office Vintage Realty Company

    Listing date May 4, 2022

    Source Crexi

    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 Vintage Realty Company

    HighLights

    • Excellent access and visibility on Airline Drive.
    • Located in rapidly growing north Bossier City.
    • 500 feet of road frontage on Airline Drive.
    • Cleared, level, and well‑drained property.
    • Proximity to utilities: 12 inch water line and a 27 inch sewer line.
    • Adjacent properties commonly zoned B‑2 and B‑3.

    Overview

    Located in north Bossier City, this property is situated 1.55 miles north of I-220 on the west side of Airline Drive, a well-developed commercial and retail corridor. The site benefits from its location in the heart of rapidly growing north Bossier City, providing access to various parts of the city. The property is cleared, level, and appears to be well-drained. It features 500 feet of road frontage on Airline Drive, a four-lane concrete street, offering excellent access and visibility to passing traffic. The current zoning is R-A (residential/agricultural), with B-2 and B-3 zoning common along adjacent properties. A 12-inch water line is located along the east side of Airline Drive, and a 27-inch sewer line is on the west side.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bossier City
    County
    Bossier
    State
    Louisiana
    Longitude
    -93.6897
    Latitude
    32.5785

    Nearby Similar for Sale

    • $799,900
      3,229 SF

      Zoned Commercial Land with Metal Building

      B-3 zoned site with highway-facing frontage and an on-site metal building for immediate office and storage use.
      3625 E Texas Street, Bossier City, LA 71111
      View Details
    • $195,900
      2,000 SF

      Versatile Shop in Prime Location

      2,000 sqft shop on 0.33 acres, zoned A-1.
      1025 Ann St, Bossier City, LA 71111
      View Details
    • $849,000

      Multi-Unit Office Building Opportunity

      Prime Benton Road office building with strong parking and a Tesla charger, featuring both occupied and vacant spaces.
      1656 Benton Road, Bossier City, LA 71111
      View Details
    • $801,500

      Highly Visible Flex Warehouse Suites

      Freestanding, fully leased flex property with showroom-ready space, insulated warehouse areas, and strong street visibility for steady income.
      2060 E Texas Street, Bossier City, LA 71111
      View Details
    • $525,000

      Industrial Flex Buildings with Office

      Two-building industrial site with office space, multiple overhead doors, and a paint booth for fabrication, storage, and light production.
      2117 California, Bossier City, LA 71111
      View Details
    • $565,000

      Dental Office Suite

      Well-appointed dental office layout with multiple private rooms, reception, and parking in a high-exposure setting near I-220.
      4438 Viking Drive, Bossier City, LA 71111
      View Details
    • $475,000

      Remodeled Corner Retail Building

      Remodeled corner storefront with open retail space, bathroom, and kitchenette-ready plumbing in a general business zone.
      1500 Benton Road, Bossier City, LA 71111
      View Details
    • $775,000

      Multi-Use Commercial Development Land

      Inside city limits commercial land suited for retail, hotel, or restaurant pad development with mixed zoning options.
      Stockwell Road, Bossier City, LA 71111
      View Details
    • $534,900

      Specialty Commercial Property

      For sale as a specialty commercial parcel with room to support a range of small-format concepts in Bossier City.
      1308 Driftwood Drive, Bossier City, LA 71111
      View Details
    • $239,900

      Two-Building Office and Flex Property

      Two connected buildings with strong roadway visibility, offering former office and manufacturing-style space for adaptable business use.
      1623 Benton Road, Bossier City, LA 71111
      View Details

    FAQs

    What type of property is this?
    Commercial land - Cleared, level land with high visibility in growing commercial area.
    Where is this commercial land located?
    The property is located at Airline Dr. 20 Acres Bossier City, LA.
    What are key features of this property?
    This property features: Excellent access and visibility on Airline Drive.; Located in rapidly growing north Bossier City.; 500 feet of road frontage on Airline Drive.
    (318) 222-2244 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Morrison
    Michael Morrison
    Real Estate License ID: LA SALE.0000020699-ACT
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Airline Dr. 20 Acres, Bossier City, LA 71111
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!