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2723 Standard Oil RdShreveport, LA 71108

15,000 SF Warehouse, 5,000 SF Available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 15,000-square-foot warehouse, situated on 3.5 acres in Caddo Parish, presents a compelling investment opportunity. Built in 1990 and extensively renovated in 2023, the property boasts a single-story building with four suites, each offering 5,000 square feet of space. Currently, 5,000 square feet is available for lease. The building features a 23-foot ceiling height and is zoned C-3, making it ideal for various industrial, logistics, distribution, and manufacturing uses. Its prime location offers easy access to major transportation arteries, including I-20, I-49, the Inner Loop Expressway, and Shreveport Regional Airport, all within five miles. The property includes a fenced and secured lay-down yard with potential for future expansion. Below-market rents provide significant upside potential for investors through lease renewals. Short-term leases offer an attractive acquisition opportunity for owner-users seeking a well-located asset below replacement cost. The property's low vacancy rate (under 2.5%) in a tight market with no new construction planned for 2024, coupled with its pricing below comparable buildings in Shreveport, makes this a truly exceptional investment. Historically, vacancy rates for spaces under 5,000 square feet have been 50% lower than the overall industrial market average over the past five years. The APN is 171428-013-0020-00.

Highlights

  • 15,000 SF warehouse with 5,000 SF currently available for lease.
  • Recently renovated (2023) single-story building on 3.5 acres in Caddo Parish, LA.
  • Excellent location near major highways (I-20, I-49, Inner Loop Expressway) and Shreveport Regional Airport.
  • Below-market rents provide significant upside potential for investors.
  • Priced below comparable properties, offering strong cash flow and below replacement cost acquisition for owner-users.
  • Low vacancy rate (under 2.5%) in a tight market with no new construction planned for 2024.

Property Details for 2723 Standard Oil Rd

Property type
Warehouses, Industrial properties
RSF (Rentable sq. ft)
15,000 SF
Year Built/Renovated
1990/2023
Buildings
1
Stories
1

Unit(s) available at that property

Space
Available Space 1
Size
5,000 SF

Location Insight

City
Shreveport
County
Caddo Parish
State
Louisiana
Latitude
32.4340425
Longitude
-93.799267
2723 Standard Oil Rd, Shreveport, Louisiana

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Contacts

Subham Nandy

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2723 Standard Oil Rd, Shreveport, Louisiana, 71108

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

2723 Standard Oil Rd
  • Subham Nandy
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