2723 Standard Oil Rd Shreveport, LA 71108

This exceptional 15,000-square-foot Class B warehouse in Shreveport, Louisiana, presents a compelling investment opportunity. Located at 2723 Standard Oil Rd, this single-story building sits on a 0.35-acre lot (APN: 171428-013-0020-00) and boasts 9 loading docks and a 23-foot ceiling height. Built in 1924 and extensively renovated in 2023, the property is currently 100% occupied by four tenants with short-term leases, offering immediate cash flow and future upside potential through market rent adjustments. The fenced and secured property includes a lay-down yard with expansion possibilities. The property's C-3 zoning permits a variety of industrial, logistics, distribution, and manufacturing uses. Its strategic location, less than five miles from I-20, I-49, the Inner Loop Expressway, and Shreveport Regional Airport, provides excellent accessibility. The asking price of $595,000 represents a compelling value, priced below comparable properties in the Shreveport market, offering a pro-forma NOI of $60,000 and a pro-forma cap rate of 10.08%. The low vacancy rate for flex industrial space in the area further underscores this property's strong investment potential, making it ideal for both investors seeking high returns and owner-users looking for a well-located asset below replacement cost. The current in-place rents are below market, providing a significant opportunity for increased profitability.