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Property profile & analytics
FOR SALE
Hotels
727 Milam St Shreveport, LA 71101
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US36-0387945
For Sale
1 / 16
$825,000
727 Milam St, Shreveport, LA 71101
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Construction
BRICK
Total area
20,800 SF
APN
181437-111-0018-00
UPID
US36-0387945
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
-
The Creswell Space Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Creswell Space LLC · 3 yrs held
Creswell Space LLC
since 2023
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 Shreveport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shreveport 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,659
Tax year 2023
Assessed value
$39,538
Assessed 2023
Previous assessed
$39,538
+0.0% YoY
Effective rate
16.84%
On assessed value
Assessed land
$5,975
Assessed improvement
$33,563
Land market value
$59,750
Improvement market value
$223,750
Total market value
$283,500
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
Hotels
Use group
HOTEL
Status
For Sale
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Stories
4
Total area
20,800 SF
APN
181437-111-0018-00
UPID
US36-0387945
Jurisdiction
CADDO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
4
Current owner
From public records · entity-resolved
Creswell Space LLC
Entity
Mailing address
9534 LUCIEN WAY, SHREVEPORT, LA 71106-3432
Ownership since
2023
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
Jul 25, 2023
—
Creswell Space LLC
—
Deed
related
$100,000 · Downtown Sherveport Developmen
Jul 17, 2023
—
Creswell Space LLC
Carlos Bermudez
Deed Of Distribution
$138,368 · Home Federal Bank
Jun 15, 2022
—
Carlos Bermudez
Ron Jack Morgan
Deed
$138,368 · Home Federal Bank
Aug 22, 2019
—
Ronald J Morgan
—
Deed
related
$101,099 · Winnsboro St Bk&tr
Apr 25, 2017
—
Ron J Morgan
Bad Bobs Jerky LLC
Grant Deed
related
—
May 16, 2016
—
Ron J Morgan
—
Deed
related
$90,464 · Richland St Bk
Sep 5, 2013
$300,000
Ron J Morgan
Bad Bobs Jerky LLC
Grant Deed
—
Jan 20, 2005
—
Bad Bobs Jerky LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Ronald J Morgan
—
Deed Of Trust
related
$101,099 · Winnsboro St Bk&tr
—
—
Ron J Morgan
—
Deed Of Trust
related
$90,464 · Richland St Bk
—
—
Bad Bobs Jerky LLC
—
Deed Of Trust
related
$250,000 · Business First National Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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