1427 Russell Rd, Shreveport, LA 71107
This exceptional commercial property, located at 1427 Russell Road in Shreveport, Louisiana (zip code 71107), presents a unique investment opportunity. The .53-acre lot (Parcel #181421-053-0001-00) boasts a prominent corner location with convenient curb cuts onto both Russell Road and Gain Street, providing ample access and visibility. The property includes a main church building featuring a sanctuary with newly installed LED lighting (2023) and four recently updated AC units (approximately 2000). Additional features include public restrooms conveniently located off the front lobby, along with offices, storage space, and private bathrooms in the rear of the building. A security system is in place for added peace of mind. All utilities are electric. The property is zoned C1 (Neighborhood Commercial) and importantly, is not situated within a flood zone. This versatile property offers significant potential for a variety of commercial uses, benefiting from its prime location, substantial size, and recent upgrades. The large parking lot provides ample space for customers and employees. This is a rare opportunity to acquire a well-maintained commercial property in a desirable Shreveport location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.