4700 Line AveShreveport, LA 71106

Property Details for 4700 Line Ave

Construction

CONCRETE

Property size (Sq ft)

17,148 SF

Property type

Other commercial real estate

APN

171413-049-0120-00

APU

171413049012000

Description

This exceptional two-story, 16,277-square-foot office building is located in Shreveport, Louisiana's desirable South Highlands historic district. The Class B property boasts a strong 8.20% capitalization rate and a current Net Operating Income (NOI) of $114,000. Currently 100% occupied under a gross lease, this multi-tenant building features an elevator and ample parking with 66 spaces. Situated on a 41,882-square-foot lot, the building offers convenient access to I-49 and is surrounded by thriving commercial areas including Pierremont Mall, Uptown Shopping Center, Towne Oaks Square, and Pierremont Office Park, as well as numerous banking facilities. The asking price is $1,400,000, translating to a price per square foot of $86.01. This presents a compelling investment opportunity in a prime location with excellent tenant occupancy and strong financial performance. The address is 4700 Line Ave, Shreveport, LA 71106.

• Alternative Use

  Use

  Valuation

  Residential

  $5,395,654

  Hospitality

  $4,942,390

  Educational

  $4,112,010

  Medical

  $4,253,428

  Retail

  $6,396,460

Location Insight

City

Shreveport

County

Caddo

State

Louisiana

Latitude

32.4586

Longitude

-93.7465

CBSA code

43340

CBSA name

SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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