Industrial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30836553
Property Subtypes: Flex Space, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 953,443 SF
Gross Land Area: 74.58 - 137 Acres
Sale Price: $18,750,000
Unit Price: $19.67 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Mansfield Warehouse
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 35
Last Updated: 9/24/2023

Overview / Comments

Property currently is 32.80% leased; current cap rate is 4.27 (substantial upside potential!
Total sf = 953,443
Total leased sf = 312,700
Total vacant sf = 640,743
current NOI is $726,393

$4.6 million in renovations completed in the last several years.


Finance Data Year 2020
Gross Operating Income $1,058,735 (Annual)

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Taxing Authority: CADDO PARISH
Zoning: I-1
Property Located Between: across from Super Wal-Mart
Side of Street: East
Road Type: Highway
Transportation: Rail
Highway Access: US Hwy 171 (Mansfield Road)
Rail Access: Yes
Airports: Shreveport Regional Airport
Site Description: level and well drained substantial on-site parking, approx. 30 acres
Tenancy: Multiple Tenants
Number of Stories: 2
Property Condition: Good
Year Built: 1965
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Concrete - Tilt up
Parking Type: Surface
Total Parking Spaces: 3,000
Sprinklers: Wet
Zoning Description: light industrial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,018 35,897 81,443
Median Age: 35.61 35.82 35.67
Households: 2,841 14,518 31,851


Photograph of Listing Agent

Raymond S Alley

Walker-Alley & Associates Shreveport, LA 71166
LACDB Member
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