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2001 Kings Hwy Shreveport, LA 71103-3642

OFF-MARKET Commercial real estate Google Maps
33,000 SF
Entity Owned Free & Clear
Estimated value (blended)
$690k
Range $621k – $759k (±10%)
Property ID US36-2458549

Property summary

AI-generated overview

This exceptional single-tenant medical office building, located at 2001 Kings Highway in Shreveport, Louisiana, presents a unique investment opportunity. The property boasts a substantial 31,711 square feet of space, situated on a generous 2.46 acres of land. Constructed in 2001, the building features a single story with a remarkable 24-foot ceiling height, providing ample space and flexibility for a variety of medical uses. The property's zoning is classified as IC, and its convenient location near Mansfield Road ensures excellent accessibility and visibility. The building is ideal for a single tenant seeking a large, well-maintained space in a thriving Shreveport location. The property's size and features make it suitable for a wide range of medical practices or healthcare-related businesses. With its substantial square footage and prime location, this property offers a compelling opportunity for long-term growth and stability. The single-tenant occupancy simplifies management and provides a predictable income stream. The ample land provides potential for future expansion or development. This is a rare opportunity to acquire a significant medical office building in a desirable Shreveport location. The property's features and location combine to create a highly attractive investment prospect. The zip code for this property is 71103.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Total area 33,000 SF
APN 171411-107-9001-00
UPID US36-2458549

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Pharmacy Industrial Manufacturer

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.49M
Comparable Approach Comparable
$4.74M
Blend (final) Blend
$690k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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