6821 70Th St Shreveport, LA 71129
- Flex space
- 5,000 SF
- 0.64 lot acres
Current Use by Public Records
- Flex space
Property Details for 6821 70Th St
- Lot size
- 0.64 lot acres
- Property size
- 5,000 SF
- Property type
- Flex space
- Property subtype
- Distribution centers
Description
This exceptional Class A property, located at 6821 W 70th St in Shreveport, Louisiana, presents a lucrative investment opportunity. The 5,000 square foot building sits on a 0.64-acre lot and boasts a desirable blend of office and warehouse space, perfectly suited for a variety of businesses. The single-story structure, renovated in 2013, offers 1,700 square feet of well-appointed office space, including a spacious reception/waiting area, two private offices, a conference room, a kitchen/break room, and two restrooms. The remaining 3,300 square feet comprises a functional warehouse area featuring a 10' x 10' grade-level overhead door, ideal for loading and unloading. The property includes 10 parking spaces and benefits from a 12-foot ceiling height in the warehouse. Currently operating at 100% occupancy, this income-producing asset offers a compelling 9% cap rate at an asking price of $450,000. The property is zoned I-2 (Heavy Industrial), providing flexibility for various industrial uses. Its strategic location in West Shreveport offers convenient access to major transportation arteries, including proximity to W. Bert Kouns Industrial Loop (LA 526) and I-20. Minerals are not included in the sale. This is a turnkey investment opportunity with strong potential for future growth and return.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo Parish
- State
- Louisiana
- Longitude
- -93.8906754
- Latitude
- 32.4418742
