2142 Airline DrBossier City, LA 71111

Property Details for 2142 Airline Dr

Year built

1997

Lot size

1.63 AC

Property size (Sq ft)

12,600 SF

Property type

Retail properties

Property subtype

Retail space

APN

122892

APU

122892

Description

This exceptional 1,400 square foot office suite is part of a well-maintained 12,600 square foot, single-story strip shopping center located on Airline Drive in Shreveport's Benton submarket. Built in 1996, the Class B property boasts high visibility and convenient access to a major five-lane thoroughfare. The center features a concrete paved, lighted parking lot with ample parking for 65 vehicles. This space is immediately available and offers a minimum divisible space of 1,400 square feet, with a maximum contiguous space of 1,400 square feet. The property is zoned C-3 and benefits from its strategic location near numerous major retail establishments, including Pierre Bossier Mall, Walmart Supercenter, Lowe's Home Center, Raising Cane's, Monjuni's, 2Johns Steakhouse, Kroger, and Home Depot. The building's dimensions are approximately 180 feet wide by 70 feet deep. This prime location ensures high traffic and excellent exposure for your business. The property is situated near the cross street of Shed Road. The entire center consists of one building with one suite.

• CAP approach

  CAP return

  Valuation

  6%

  $5,091,654

  6.5%

  $4,699,988

  7%

  $4,364,275

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,997,308

  Geo Method

  $2,271,220

• Alternative Use

  Use

  Valuation

  Residential

  $3,964,616

  Hospitality

  $3,631,567

  Educational

  $3,021,421

  Medical

  $3,125,332

  Retail

  $4,699,988

Location Insight

City

Bossier City

County

Bossier

State

Louisiana

Latitude

32.5372

Longitude

-93.707

CBSA code

43340

CBSA name

SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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