Technical
Financial
Distress signals
Property profile

3718 Youree Dr Shreveport, LA 71105

FOR LEASE
Commercial real estate
Property ID
US36-0051548
1,770 SF
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,770 square foot retail or mixed-use building is situated on a high-traffic section of Youree Drive in Shreveport, Louisiana, directly across from Broadmoor Church. The property, built in 1937, sits on a 9,818 square foot lot and features a free-standing, single-story structure with six rooms, a lobby, restroom, and kitchenette. The building boasts eight parking spaces, including paved front, side, and rear parking. The interior is in good condition and has served as a successful sign business for over two decades. This owner-user opportunity presents a unique chance to acquire a well-established property in a desirable location. The property is zoned B-1 and offers municipal water and sewer services. The lot dimensions are approximately 50 feet of frontage with depths of 191 and 201 feet. The legal description is Lot 420 & 8 Ft Strip Adj Rear, Broodmoor Subn, Unit 2 171317-102-420. The asking price is $256,900, with a price per square foot of $145.14. Cash or purchase money mortgage financing is available. Additionally, the building is available for lease at $1,950 per month.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction ADOBE
Total area 1,770 SF
APN 171317-102-0420-00
UPID US36-0051548

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
  • (Bike/Boat/Book/etc) Store Printing Service

Location

3718 Youree Dr Shreveport, LA 71105
Shreveport metro Census 22700 SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

1 recorded transaction
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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