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412 Milam St
Shreveport, LA 71101
The Johnson Building · Office Property For Sale
Investment Highlights
- Located in Downtown Shreveport’s Central Business District with convenient highway access to I-20 and I-49.
- Expansive floor plates and strong structural integrity suitable for residential or mixed-use redevelopment.
- Walkable to government offices, restaurants, and cultural destinations in Shreveport’s urban core.
- Within an Opportunity Zone, offering significant tax incentive opportunities including up to 45% tax credit.
- Close proximity to Shreveport Regional Airport and major freight routes, enhancing regional connectivity.
- Historic architecture with grand ceiling heights ideal for creative redevelopment concepts.
Executive Summary
The Johnson Building presents a unique acquisition opportunity in the heart of Downtown Shreveport. This historic property, encompassing nearly 75,000 square feet, is an exceptional candidate for adaptive reuse with significant potential for residential or mixed-use conversion. The building’s expansive floor plate, soaring ceilings, and architectural character create a foundation for a transformative redevelopment project.
Positioned within a federally designated Opportunity Zone, the asset is also approved for a 45% federal and state tax credit on all monies spent to rehab the building, enhancing long-term investment returns. The property is ideally situated near government offices, financial institutions, and dining amenities, with seamless access to major thoroughfares such as Interstate 20 and Interstate 49. Its centralized location provides connectivity to Shreveport Regional Airport and the Port of Shreveport, further solidifying its redevelopment appeal.
For investors seeking value-add potential in a dynamic submarket, The Johnson Building delivers scalability, historic charm, and favorable tax advantages in a market positioned for growth.
Positioned within a federally designated Opportunity Zone, the asset is also approved for a 45% federal and state tax credit on all monies spent to rehab the building, enhancing long-term investment returns. The property is ideally situated near government offices, financial institutions, and dining amenities, with seamless access to major thoroughfares such as Interstate 20 and Interstate 49. Its centralized location provides connectivity to Shreveport Regional Airport and the Port of Shreveport, further solidifying its redevelopment appeal.
For investors seeking value-add potential in a dynamic submarket, The Johnson Building delivers scalability, historic charm, and favorable tax advantages in a market positioned for growth.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
62,959 SF
Building Class
C
Year Built/Renovated
1920/2020
Price
$1,500,000
Price Per SF
$23.83
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
7,869 SF
Building FAR
5.26
Lot Size
0.28 AC
Opportunity Zone
Yes
Property Taxes
| Parcel Number | 181437-138-0004-00 | Improvements Assessment | $12,171 |
| Land Assessment | $8,190 | Total Assessment | $20,361 |
Property Taxes
Parcel Number
181437-138-0004-00
Land Assessment
$8,190
Improvements Assessment
$12,171
Total Assessment
$20,361
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