Back to Search
Property profile & analytics
FOR SALE
Industrial properties
2060 E Texas St Bossier City, LA 71111
Entity Owned
17-yr Hold
Free & Clear
Property ID
US36-0846660
For Sale
1 / 13
$800,000
2060 E Texas St, Bossier City, LA 71111
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1993
Total area
10,201 SF
Lot
0 ac (48 SF)
APN
129770
UPID
US36-0846660
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
-
Cloud 9 Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$502k
Blend (final)
Blend
$615k
Owner & transaction history
Heath Properties LLC · 17 yrs held
Heath Properties LLC
since 2009
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bossier City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bossier City 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
INDUSTRIAL (GENERAL)
$695,000
Current use
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$60 / 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
$9,003
Tax year 2023
Assessed value
$69,075
Assessed 2023
Previous assessed
$69,075
+0.0% YoY
Effective rate
13.03%
On assessed value
Assessed land
$19,233
Assessed improvement
$49,842
Land market value
$192,330
Improvement market value
$332,281
Total market value
$524,611
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
For Sale
Year built
1993
Heating
NONE
Buildings
2
Total area
10,201 SF
Lot
0 ac (48 SF)
APN
129770
UPID
US36-0846660
Jurisdiction
BOSSIER
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
INDUSTRIAL (GENERAL) Current
Est. value
$695,000
INDUSTRIAL (GENERAL) Current
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
Year built
1993
Heating
NONE
Buildings
2
Lot
0 ac
Current owner
From public records · entity-resolved
Heath Properties LLC
Entity
Free & Clear · 17 yrs held
Mailing address
6670 N LAKESHORE DR, SHREVEPORT, LA 71107-9486
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2018
—
Heath Properties LLC
—
Deed
related
$488,750 · Citizens Nat'l Bk NA
Feb 10, 2009
$1,916
Heath Properties LLC
Yellowbird Inv LLC
Grant Deed
related
—
Aug 29, 2008
$7,129
Heath Properties LLC
Pair O Dice Investments LLC
Grant Deed
—
Jun 25, 2008
$1,638
Yellowbird Investment LLC
Ex-officio Tax Collector
Tax Deed
related
—
Jun 6, 2008
$6,541
Pair Odice Invs LLC
Heath Props LLC
Tax Deed
—
Jun 8, 2007
$6,975
Boaz Tax Sale Props LLC
Gj Tax Sale Props LLC
Grant Deed
—
Jun 4, 2007
$1,981
Heath Properties LLC
Yellowbird Invs LLC
Grant Deed
related
—
Jun 1, 2007
$7,625
Gj Tax Sale Properties LLC
Tax Collector Of Bossier County
Tax Deed
related
—
Jul 11, 2006
$1,638
Yellowbird Investment LLC
Tax Collector Of Bossier Parish C
Tax Deed
related
—
Jun 1, 2006
$6,402
Boaz Tax Sale Properties LLC
Tax Collector Of Bossier Parish C
Tax Deed
related
—
—
—
Heath Properties LLC
—
Deed Of Trust
related
$488,750 · Citizens Nat'l Bk NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
