Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1816 Benton Rd Bossier City, LA 71111

    • Retail properties
    • 8,840 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Caldwell Dunn - State Farm Insurance Agent / Auto Insurance Agency / Home Insurance Agency
    • Southern General Agency / Insurance Agency
    • Siblings Financial / Financial Planner

    Property Details for 1816 Benton Rd

    Property size
    8,840 SF
    Property type
    Retail properties
    Property subtype
    Mixed-use properties

    Description

    This exceptional 8,840-square-foot retail center, located at 1816-1826 Benton Road in Bossier City, Louisiana, presents a compelling investment opportunity. Currently boasting 95% occupancy, this multi-tenant storefront property offers a strong, income-producing portfolio. The asking price is $915,000, translating to a price per square foot of $103.51 and a desirable 10% capitalization rate. The property is situated in a high-traffic area between Interstates 20 and 220, near Shed Road, ensuring excellent visibility and accessibility. Its prime location provides ease of access to major thoroughfares, maximizing exposure to potential customers. Detailed tenant information and rent rolls are available upon execution of a non-disclosure agreement. The property's APN is 129274|1. This is a NNN lease type property. The property is classified as Retail and Mixed Use. Don't miss this chance to acquire a well-established, income-generating retail center in a thriving Louisiana market. Please respect the tenants and refrain from disturbing them.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bossier City
    County
    Bossier Parish
    State
    Louisiana
    Longitude
    -93.7204
    Latitude
    32.5372

    Comparable in this City

    • Value Estimation by Request
      2.50 Acres

      5418 Benton Rd

      Restaurants • 108,900 SF
      5418 Benton Rd, Bossier City, LA 71111
      View Details
    • Value Estimation by Request

      2121 Texas St

      Individual retail properties
      2121 Texas St, Bossier City, LA 71111
      View Details
    • Value Estimation by Request
      4,000 SF

      301 Traffic St

      Individual retail properties • 4,000 SF
      301 Traffic St, Bossier City, LA 71111
      View Details
    • Value Estimation by Request
      30,117 SF

      5200 Texas St

      Restaurants • 30,117 SF
      5200 Texas St, Bossier City, LA 71111
      View Details
    • Value Estimation by Request
      1.00 Acre

      Innovation Dr

      Individual retail properties • 1.00 Acre
      0 Innovation Dr, Bossier City, LA 71111
      View Details
    • Value Estimation by Request
      20.00 Acres

      20 Acres

      Individual retail properties • 20.00 Acres
      20 Acres, Bossier City, LA 71111
      View Details

    Similar Nearby for Sale

    • $690,000
      3,223 SF

      High-Traffic Bossier City Corner

      Prime location, mixed-use potential. Two buildings on almost 2 acres.
      4701 Texas St, Bossier City, LA 71111
      View Details
    • $690,000
      1.90 Acres

      Prime Bossier City Mixed-Use Land

      High-traffic corner lot, I-20 access
      4701 Texas St, Bossier City, LA 71111
      View Details
    • Contact for pricing
      80,196 SF

      Iconic Bossier City Retail Space

      Massive storefront, high visibility location.
      2950 Texas St, Bossier City, LA 71111
      View Details
    • Contact for pricing
      1.00 Acre

      Bossier City Land: Innovation Park

      Prime Commercial Land, Bossier City, LA
      0 Innovation Dr, Bossier City, LA 71111
      View Details
    • Contact for pricing
      20.00 Acres

      Bossier City Commercial Land

      20 Acres, Prime Location, High Visibility
      20 Acres, Bossier City, LA 71111
      View Details
    • Contact for pricing
      12.00 Acres

      Bossier City Industrial Land Opportunity

      12 Acres, Hwy 80 Frontage, B-3 Zoning
      0 Old Shed @ Hwy 80, Bossier City, LA 71111
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      1,400 SF

      Retail Space on Airline Drive

      Retail space for rent with excellent visibility and signage.
      2142 Airline Dr, Bossier City, LA 71111
      View Details
    • Contact for pricing
      30,117 SF

      Bossier City Office Space For Lease

      Prime Office & Retail Space Available
      5200 Texas St, Bossier City, LA 71111
      View Details
    • $800 /Mo

      Retail Space on Barksdale Blvd

      Retail property for rent on a high-traffic street.
      1632 Barksdale Blvd, Bossier City, LA 71111
      View Details
    • $13 SF/Yr
      4,203 SF

      Renovated Retail Space in Bossier

      Renovated retail space in North Bossier, 4,203 square feet.
      2700 Douglas Dr, Bossier City, LA 71111
      View Details
    • $2,500 /Mo

      Retail Space in Busy Center

      Retail or office space in a high-traffic shopping center.
      2091 Stockwell Rd, Bossier City, LA 71111
      View Details
    • $3,500 /Mo
      87,730 SF

      Retail Space in Bossier City

      Retail space available in a new, upcoming Bossier City area.
      3489 Swan Lake Rd, Bossier City, LA 71111
      View Details
    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.
    1816 Benton Rd
    Bossier City, LA 71111
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.