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

    5480 Airline Dr Bossier City, LA 71111

    • Land
    • 3.18 lot acres
    For Sale
    View listing
    $765,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 5480 Airline Dr

    Lot size
    3.18 lot acres
    Property type
    Land

    Description

    This exceptional 3.18-acre commercial land parcel presents a unique investment opportunity in the thriving Bossier City market. Strategically located on Airline Drive, approximately two miles north of I-220, this property benefits from high visibility and convenient access to major transportation routes. The site boasts 138,503 square feet of usable land, already cleared and with excellent drainage, making it ideal for immediate development. Currently zoned B-3, the property is well-suited for a variety of commercial uses, including storage facilities or an office park. The asking price is $765,000, translating to a competitive $5.52 per square foot. This prime location, combined with its size and zoning, makes this an exceptional opportunity for investors seeking a high-return commercial property in a rapidly growing area of Bossier Parish, Louisiana. The address is 5480 Airline Drive, Bossier City, LA 71111. This is a rare chance to acquire a substantial, ready-to-develop parcel in a highly desirable location. Don't miss this chance to secure your piece of Bossier City's commercial real estate market.

    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
    -93.7122
    Latitude
    32.6189

    Comparable in this City

    • Value Estimation by Request
      0.84 Acres

      8001 Texas St

      Land • 0.84 Acres
      8001 Texas St, Bossier City, LA 71111
      View Details
    • Value Estimation by Request
      98.00 Acres

      Texas St

      Land • 98.00 Acres
      0 Texas St, Bossier City, LA 71111
      View Details
    • Value Estimation by Request
      4.17 Acres

      6200 Block

      Land • 4.17 Acres
      6200 Block, Bossier City, LA 71111
      View Details
    • Value Estimation by Request
      12.00 Acres

      8001 Texas St

      Land • 12.00 Acres
      8001 Texas St, Bossier City, LA 71111
      View Details
    • Value Estimation by Request

      Tract 1 Innovation Dr

      Land
      Tract 1 Innovation Dr, Bossier City, LA 71111
      View Details
    • Value Estimation by Request

      Tract 2 Innovation Dr

      Land
      Tract 2 Innovation Dr, Bossier City, LA 71111
      View Details

    Similar Nearby for Sale

    • $21,344,400
      98.00 Acres

      98-Acre Bossier City Land Parcel

      Prime Commercial Land, High Traffic Area
      0 Texas St, Bossier City, LA 71111
      View Details
    • Contact for pricing
      73.00 Acres

      Airline Drive Industrial Land

      73 Acres Bossier City, LA. Prime Location.
      73 Acres, Bossier City, LA 71111
      View Details
    • Contact for pricing
      2.43 Acres

      Bossier City Commercial Land - 2.43 Acres

      Prime B-3 zoned land, high visibility, excellent location.
      0 Viking Dr, Bossier City, LA 71111
      View Details
    • $752,716
      0.96 Acres

      Bossier City Commercial Land

      0.96-acre lot, prime location.
      8001 Texas St, Bossier City, LA 71111
      View Details
    • $1,650,924

      Swan Lake Commercial Land

      Prime Bossier City acreage, ideal for development.
      1988 Swan Lake Rd, Bossier City, LA 71111
      View Details
    • $1,999,000
      2,200 SF

      Bossier City Industrial Property

      Prime Manufacturing Land, 2,200 SF
      5485 Airline Dr, Bossier City, LA 71111
      View Details

    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
      View Details
    • $9 SF/Yr
      26,316 SF

      Viking Drive Industrial Flex Space

      Two Flex Buildings, Ample Parking, I-2 Zoning
      4717 Viking Dr, Bossier City, LA 71111
      View Details
    • $155 SF/Yr
      6,478 SF

      High-Visibility Bossier City Retail

      6,478 SF Single-Tenant Retail Space
      2121 Texas St, Bossier City, LA 71111
      View Details
    • $3,500 /Mo

      Office Space on Airline Drive

      Office space available for lease on busy Airline Drive.
      2161 Airline Dr, Bossier City, LA 71111
      View Details
    • $14 SF/Yr
      37,964 SF

      Prime Bossier City Office Space

      Executive Suites Available, I-20 Proximity
      1325 Barksdale Blvd, Bossier City, LA 71111
      View Details
    • $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
      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.
    5480 Airline Dr
    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.