1518 Doctors DrBossier City, LA 71111

Property Details for 1518 Doctors Dr

Year built

1984

Lot size

0.44 AC

Property size (Sq ft)

5,272 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

149202

APU

149202

Description

This exceptional 4,720 square foot medical office building is ideally situated on Doctors Drive in Bossier City, Louisiana, within a thriving medical district. The property, located at 1518 Doctors Drive, zip code 71111, boasts a prime location surrounded by complementary medical businesses. The building itself offers a comprehensive layout designed for optimal medical practice, including six exam rooms, five restrooms, three private offices, and a spacious patient waiting area with a dedicated children's waiting room. Additional features include a nurse station, x-ray room, lab area, and a convenient kitchenette. Ample storage is provided throughout the building, with a large second-floor room perfect for file storage. The property also includes a covered loading and unloading area at the front entrance for convenient patient and staff access. The 0.44-acre lot provides 23 concrete parking spaces for staff and patients. The property is zoned B-1, Business - Commercial Office, ensuring its suitability for a variety of medical uses. This turnkey medical facility presents a unique opportunity for expansion or relocation for medical professionals seeking a well-established and convenient location. Asking price is $595,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,449,260

  6.5%

  $1,337,779

  7%

  $1,242,223

• Comparable approach

  Method

  Valuation

  Relative Method

  $995,774

  Geo Method

  $377,106

• Alternative Use

  Use

  Valuation

  Residential

  $1,658,846

  Hospitality

  $1,519,494

  Educational

  $1,264,201

  Medical

  $1,307,679

  Retail

  $1,966,535

Location Insight

City

Bossier City

County

Bossier

State

Louisiana

Latitude

32.535

Longitude

-93.7095

CBSA code

43340

CBSA name

SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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