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

    3610 Jewella Ave Shreveport, LA 71109

    • Office space
    • 7,378 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-2492835
    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

    • DIAMOND CUTZ / Barber Shop
    • Jewella Pharmacy / Pharmacy
    • FLAVA Shops / Store
    • Flava Sneaker And Apparel / Men'S Clothing Store
    • Designer's Fashion Boutique / Bridal Shop

    Property Details for 3610 Jewella Ave

    Year built
    2005
    Lot size
    0.62 lot acres
    Property size
    7,378 SF
    Property type
    Office space
    Property subtype
    Medical offices

    Description

    This 7,378 square foot commercial property, located at 3610 Jewella Avenue in Shreveport, Louisiana, presents a unique investment opportunity. Previously used as a barber shop, the building offers flexible space suitable for a variety of office uses, including traditional, medical, or creative office settings. The property is zoned C-2 and situated on a 0.62-acre lot (27,000 sq ft approximately). Built in 2005, the building is classified as Class B. Currently, 1,000 square feet of vacant space is immediately available, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 1,000 square feet. The property is multi-tenant. This prime location in Caddo Parish, Shreveport, LA 71109 offers excellent visibility and accessibility. The property's adaptability makes it ideal for businesses seeking a functional and well-located office space. Serious inquiries are encouraged.

    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
    -93.797277529992
    Latitude
    32.477624665023

    Comparable in this City

    • $5 SF/Yr
      9,600 SF

      Shreveport Industrial/Office Space For Lease

      9,600 SF Office/Warehouse, 1 Acre Lot
      4203 Pro St, Shreveport, LA 71109
      View Details
    • $8 SF/Yr
      112,000 SF

      Westwood Shopping Center: Retail Space

      Shreveport retail space, multiple units available.
      3709 Jewella Rd, Shreveport, LA 71109
      View Details
    • $3,500 /Mo

      Retail Space on Jewella Avenue

      Retail space available for lease on Jewella Avenue.
      4001 Jewella Ave, Shreveport, LA 71109
      View Details
    • $1,800 /Mo

      Retail Space in Shreveport, LA

      Retail space suitable for a hair salon in Shreveport.
      3707 Lakeshore Dr, Shreveport, LA 71109
      View Details

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    • $2,200,000
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    Similar Nearby for Lease

    • $5 SF/Yr
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      Shreveport Industrial/Office Space For Lease

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    • $8 SF/Yr
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      Westwood Shopping Center: Retail Space

      Shreveport retail space, multiple units available.
      3709 Jewella Rd, Shreveport, LA 71109
      View Details
    • $3,500 /Mo

      Retail Space on Jewella Avenue

      Retail space available for lease on Jewella Avenue.
      4001 Jewella Ave, Shreveport, LA 71109
      View Details
    • $1,800 /Mo

      Retail Space in Shreveport, LA

      Retail space suitable for a hair salon in Shreveport.
      3707 Lakeshore Dr, Shreveport, LA 71109
      View Details
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    3610 Jewella Ave
    Shreveport, LA 71109
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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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