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    Property profile & analytics

    Marlena St Bossier City, LA 71111

    • Land
    For Sale
    View listing
    $3,868,500
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Marlena St

    Property type
    Land

    Description

    This exceptional 76.5-acre commercial land parcel presents a unique investment opportunity in rapidly developing North Bossier City, Louisiana. Strategically located near the intersection of Marlena Street and George Dement Boulevard, this property offers unparalleled access to major transportation arteries. Its proximity to I-220 (less than a mile) and the I-220/I-49 interchange (approximately 6 miles) ensures excellent connectivity for businesses of all sizes. The site is situated east of George Dement Boulevard, behind a Kroger grocery store, and within a burgeoning retail area, highlighting its strong commercial appeal. The seller is willing to subdivide the property into smaller tracts, catering to a wider range of development needs. This makes it ideal for various commercial ventures, particularly industrial projects. The property's address is Marlena St, Bossier City, LA 71111. The asking price for this expansive tract is $3,868,500. This is a rare opportunity to acquire a significant land holding in a high-growth area with excellent infrastructure and accessibility. Don't miss this chance to secure a prime location for your next commercial development.

    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
    -93.6946
    Latitude
    32.5471

    Comparable in this City

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      0.73 Acres

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      2.43 Acres

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      Land • 2.43 Acres
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      6,526 SF

      4200 Shed Rd

      Distribution properties • 6,526 SF
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      3.51 Acres

      3000 Hilton Dr

      Land • 3.51 Acres
      3000 Hilton Dr, Bossier City, LA 71111
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    Similar Nearby for Sale

    • $529,524
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      Bossier City Commercial Land

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      Bossier City Industrial Property

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    • $3,868,500

      North Bossier City Commercial Land

      76.5 Acres, Prime Commercial Location
      0 Marlena St, Bossier City, LA 71111
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    • $765,000
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      Prime Bossier City Commercial Land

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    • $1,590,498
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      Prime Bossier City Commercial Land

      2.43 Acres, High-Traffic Location
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    • $2,128,341
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      Bossier City Commercial Land

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    Similar Nearby for Lease

    • $2,000 /Mo

      Industrial Land for Lease

      Corner lot near I-220, suitable for truck parking.
      4818 Hazel Jones Rd, Bossier City, LA 71111
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    • $14 SF/Yr
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      Prime Bossier City Office Space

      Executive Suites Available, I-20 Proximity
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    • $10,500 /Mo

      Multiple Buildings in North Bossier

      Clean, well-maintained property with multiple buildings available for lease.
      2136 E Texas St, Bossier City, LA 71111
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      Corner Commercial Building with Warehouse

      Corner commercial building with attached warehouse for rent in Bossier
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    • $15 SF/Yr
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      Greenacres Office Park: Bossier City

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    • $10 SF/Yr
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      Bossier City Retail Center Investment

      High-traffic retail space available.
      2001 Shed Rd, Bossier City, LA 71111
      View Details
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    Marlena St
    Bossier City, LA 71111
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    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
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