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Property profile & analytics
OFF-MARKET
Estimated value
$7,220,000
Hotels
1419 70th St Shreveport, LA 71105-4925
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US36-0651831
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Construction
BRICK
Total area
159,546 SF
Lot
7.29 ac (317,552 SF)
APN
171320-001-0166-00
UPID
US36-0651831
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Wyndham Garden Shreveport Hotel & Motel
-
Divine Grace Ministries International Church Mosque
-
SpringHill Suites Shreveport South Hotel & Motel
-
TownePlace Suites Shreveport South Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.30M
Blend (final)
Blend
$7.22M
Owner & transaction history
West Park LLC · 8 yrs held
West Park LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$11.4M
+68.1%
Industrial (general)
$7.9M
+16.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Shreveport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shreveport submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$6,760,000
Current use
COMMERCIAL (GENERAL)
$11,365,000
Change: +68% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$7,860,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$7.22M
Range $6.50M – $7.94M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$45 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$181,423
Tax year 2023
Assessed value
$1,138,250
Assessed 2023
Previous assessed
$1,138,250
+0.0% YoY
Effective rate
15.94%
On assessed value
Assessed land
$127,021
Assessed improvement
$1,011,229
Land market value
$1,270,208
Improvement market value
$6,741,528
Total market value
$8,011,736
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Construction
BRICK
Heating
FORCED AIR
Stories
6
Units
250
Total area
159,546 SF
Lot
7.29 ac (317,552 SF)
APN
171320-001-0166-00
UPID
US36-0651831
Jurisdiction
CADDO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$11.4M
INDUSTRIAL (GENERAL)
Est. value
$7.9M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Construction
BRICK
Heating
FORCED AIR
Stories
6
Units
250
Lot
7.29 ac
Current owner
From public records · entity-resolved
West Park LLC
Entity
Free & Clear · 8 yrs held
Mailing address
201 RUE BEAUREGARD #202, LAFAYETTE, LA 70508-3251
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2018
—
West Park LLC
Williamsons Investments LLC
Grant Deed
related
—
May 19, 2017
$2,077,000
Fern Avenue Medical-dental LLC
Anderson Land LLC
Grant Deed
—
Jun 22, 2012
—
Heartland Investors
Tax Collector Of Caddo County
Tax Deed
related
—
Sep 9, 2011
—
Roberts Hotels Shreveport LLC
—
Loan Modification
related
$43,000,000 · Bank Of America
Oct 19, 2006
—
Roberts Hotels Shreveport LLC
Owner Name Unavailable
Grant Deed
related
—
Jun 29, 2005
—
Lasalle Bank NA
Owner Name Unavailable
Grant Deed
related
—
—
—
Cru Shreveport LLC
—
Deed Of Trust
related
$4,000,000 · Greenlake Real Estate Fund LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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