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

    1501 Peabody St Shreveport, LA 71103

    • Distribution centers
    For Sale
    View listing
    $200,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-0576080
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Williams Memorial CME Temple / Church

    Property Details for 1501 Peabody St

    Property type
    Distribution centers

    Description

    This exceptional redevelopment opportunity presents a unique chance to transform a nearly one-acre lot in Shreveport's historic Ledbetter Heights neighborhood. Located on Peabody Street, just off Texas Avenue, the property includes an existing building with no assessed value and an additional half-acre parking lot across the street. This prime location offers significant potential for a visionary developer seeking to revitalize a key area of the city. The property's size and location make it ideal for a variety of projects, particularly those aligned with community development goals. The existing structure, while lacking value, provides a blank canvas for creative repurposing. Leveraging available state and federal tax credits for historic property redevelopment could significantly enhance the project's financial viability. This is a rare chance to contribute to the revitalization of a historic Shreveport neighborhood while potentially realizing substantial returns. The asking price is $200,000. The property is zoned for commercial use and offers significant upside for the right investor. Don't miss this chance to shape the future of downtown Shreveport.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Shreveport
    County
    Caddo
    State
    Louisiana
    Longitude
    -93.7574833
    Latitude
    32.5025217

    Comparable in this City

    • $1,320,000
      15,688 SF

      Shreveport Industrial Warehouse For Sale

      15,688 SF Warehouse, $1.32M
      2901 Linwood Ave, Shreveport, LA 71103
      View Details
    • $715,000
      10,400 SF

      Shreveport Warehouse: $715,000

      10,400 SF Warehouse, Excellent Location
      1550 Kirby Pl, Shreveport, LA 71103
      View Details
    • $600,000
      5,270 SF

      Shreveport Office/Warehouse Investment

      Prime I-2 zoned property, ideal for business.
      1431 Dalzell St, Shreveport, LA 71103
      View Details
    • $182,500

      Office, Shop, and Warehouse Buildings

      Three buildings: office, shop, and warehouse on 1.13 acres.
      2303 Bishop St, Shreveport, LA 71103
      View Details
    • $575,000

      Spacious Warehouse in Central Shreveport

      Large warehouse with office space and loading dock.
      4002 Mansfield Rd, Shreveport, LA 71103
      View Details
    • Contact for pricing
      0.12 Acres

      Land For Sale Shreveport

      Unimproved land available in Shreveport, Louisiana.
      2740 Murphy St, Shreveport, LA 71103
      View Details

    Similar Nearby for Sale

    • $1,320,000
      15,688 SF

      Shreveport Industrial Warehouse For Sale

      15,688 SF Warehouse, $1.32M
      2901 Linwood Ave, Shreveport, LA 71103
      View Details
    • $715,000
      10,400 SF

      Shreveport Warehouse: $715,000

      10,400 SF Warehouse, Excellent Location
      1550 Kirby Pl, Shreveport, LA 71103
      View Details
    • $600,000
      5,270 SF

      Shreveport Office/Warehouse Investment

      Prime I-2 zoned property, ideal for business.
      1431 Dalzell St, Shreveport, LA 71103
      View Details
    • $182,500

      Office, Shop, and Warehouse Buildings

      Three buildings: office, shop, and warehouse on 1.13 acres.
      2303 Bishop St, Shreveport, LA 71103
      View Details
    • $575,000

      Spacious Warehouse in Central Shreveport

      Large warehouse with office space and loading dock.
      4002 Mansfield Rd, Shreveport, LA 71103
      View Details
    • Contact for pricing
      0.12 Acres

      Land For Sale Shreveport

      Unimproved land available in Shreveport, Louisiana.
      2740 Murphy St, Shreveport, LA 71103
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,257 SF

      Claiborne Avenue Warehouse Trio

      Three Warehouses, 20,446 SF Available
      2005 Claiborne Ave, Shreveport, LA 71103
      View Details
    • $2 SF/Yr
      13,372 SF

      Shreveport Warehouse Space Available

      Large warehouse, multiple units, immediate occupancy.
      4026 Mansfield Rd, Shreveport, LA 71103
      View Details
    • Contact for pricing
      4,100 SF

      Shreveport Restaurant - I-20 Frontage

      Free-standing Restaurant, 4100 SF, High Traffic
      4005 Hearne Ave, Shreveport, LA 71103
      View Details
    • $1,150 /Mo
      5,227 SF

      Versatile Commercial Building with Parking

      Move-in ready commercial building suitable for various business types.
      1838 Texas Ave, Shreveport, LA 71103
      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.
    1501 Peabody St
    Shreveport, LA 71103
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.