505 70Th StShreveport, LA 71106

Property Details for 505 70Th St

Construction

METAL FRAME

Property size (Sq ft)

155,686 SF

Property type

Commercial real estate

APN

171426-054-0001-00

APU

171426054000100

Description

This exceptional industrial property, located at 505 W 70th St, Shreveport, LA 71106, offers a substantial 101,408 square feet of warehouse space within a single-story building. Currently, 74,910 square feet is available for lease, presenting a significant opportunity for businesses requiring ample storage or production space. The property sits on a generous 7.81-acre lot and boasts a 15-foot ceiling height, providing ample vertical clearance for various operational needs. Six dock-high doors ensure efficient loading and unloading of goods. Extensive parking is available with 1.8+ acres of concrete parking lot. The property is zoned C-3, allowing for a wide range of industrial uses. This warehouse is situated in Caddo County and offers a prime location in Shreveport, Louisiana. The property is ideal for businesses seeking a large, well-maintained warehouse space with excellent access and ample parking. The single-story design and multiple tenancy options provide flexibility for various business models. Contact us today to learn more about leasing this exceptional industrial property.

• CAP approach

  CAP return

  Valuation

  6%

  $48,504,100

  6.5%

  $44,773,000

  7%

  $41,574,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,405,900

  Geo Method

  $11,136,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $90,663,200

  Retail / Commercial

  $45,999,200

  Mixed-Use / Specialty

  $45,447,200

  Hospitality / Lodging

  $32,837,900

  Office

  $44,773,000

  Institutional / Educational

  $47,108,000

  Residential Income

  $55,116,400

  Multifamily

  $68,254,900

  Automotive / Energy

  $40,378,300

  Parking / Income-Based Land

  $14,317,500

  Restaurant / Food Service

  $22,809,300

  Healthcare / Senior Housing

  $47,003,200

Location Insight

City

Shreveport

County

Caddo

State

Louisiana

Latitude

32.4409

Longitude

-93.7663

CBSA code

43340

CBSA name

SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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