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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2020 70Th St Shreveport, LA 71105

    • Medical offices
    • 20,163 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-0326179
    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

    • Mexican Indian Training Center / Religious Organization
    • Onsite PC Consulting / Computer Repair Service
    • Jamie Dyche / Counselor / Social Worker
    • Counselor Rachel Anne Hutchison, PLPC / Counselor / Family Counselor
    • Crystal Corbin / Counselor / Practitioner Service Location

    Property Details for 2020 70Th St

    Year built
    1977
    Property size
    20,163 SF
    Property type
    Medical offices

    Description

    This three-story, Class B office building, totaling 20,163 square feet, presents a fantastic leasing opportunity in Southeast Shreveport. Built in 1977, the property offers multiple tenancy options with suites ranging from a minimum of 217 square feet to a maximum contiguous space of 2,300 square feet. Currently, 2,517 square feet are vacant and available for immediate occupancy. The building features one elevator and ample parking, catering to the needs of various businesses. Its convenient location provides easy access to South Bossier and Jimmie Davis Highway, as well as North Shreveport and the Central Business District via Clyde Fant Parkway. The surrounding area boasts a variety of restaurants and retail establishments. This full-service lease includes utilities, janitorial services, and all building maintenance, ensuring a hassle-free experience for tenants. High-speed AT&T Fiber service is also available. The landlord is willing to undertake renovations to accommodate specific tenant requirements. The property is zoned B-1 and its Caddo Parish APN is 171316064002600. This is an excellent opportunity for businesses seeking flexible and well-maintained office space in a prime Shreveport location.

    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 Parish
    State
    Louisiana
    Longitude
    -93.7073798
    Latitude
    32.4450255

    Comparable in this City

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      Prime Shreveport Office Space

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    • $2,950 /Mo

      Like New Office Suite

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      400 SF

      Prime Shreveport Executive Office Suite

      400 SF Executive Office - Available Now
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    • $5,000 /Mo
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      Shreveport Office or Retail Space

      Well-maintained building suitable for office or retail use in Shreveport.
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    • $3,500 /Mo
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      Well-Maintained Office Space Available

      Attractive Shreveport office space with modern amenities and ample parking.
      8871 Quimper Pl, Shreveport, LA 71105
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    • $1,850 /Mo
      1,176 SF

      Updated Office Space in Shreveport

      Turn-key office space with recent updates and convenient location.
      7330 Fern Ave Ave, Shreveport, LA 71105
      View Details

    Similar Nearby for Sale

    • $275,000
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      Shreveport Medical Office Building

      1,650 SF Medical Office - Move-in Ready
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      Executive Office Space, Shreveport LA

      Class A Office, 19,830 SF, Vacant
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    • $1,325,000
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      Shreveport Commercial Land - 8.5 Acres

      Prime Shreveport location, 8.5 acres, high visibility.
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      Executive Office Building, Shreveport LA

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    Similar Nearby for Lease

    • $17 SF/Yr
      9,430 SF

      Prime Shreveport Office Space

      9,430 SF Executive/Medical Office
      1000 Preston Ave, Shreveport, LA 71105
      View Details
    • $2,950 /Mo

      Like New Office Suite

      2,400 SF office suite with modern updates for lease.
      7330 Fern Ave, Shreveport, LA 71105
      View Details
    • Contact for pricing
      400 SF

      Prime Shreveport Executive Office Suite

      400 SF Executive Office - Available Now
      10501 Kings Hwy, Shreveport, LA 71105
      View Details
    • $5,000 /Mo
      21,432 SF

      Shreveport Office or Retail Space

      Well-maintained building suitable for office or retail use in Shreveport.
      800 Brook Hollow Dr, Shreveport, LA 71105
      View Details
    • $3,500 /Mo
      2,701 SF

      Well-Maintained Office Space Available

      Attractive Shreveport office space with modern amenities and ample parking.
      8871 Quimper Pl, Shreveport, LA 71105
      View Details
    • $1,850 /Mo
      1,176 SF

      Updated Office Space in Shreveport

      Turn-key office space with recent updates and convenient location.
      7330 Fern Ave Ave, Shreveport, LA 71105
      View Details
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    2020 70Th St
    Shreveport, LA 71105
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    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
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