Standalone Office
For Sale
$688,000
10517 Kentshire Ct, Baton Rouge, LA 70810
Features include C2 zoning, monument signage, and ample parking.
Property Size3,200 SF
Price / SF$215
Days on Market93
Property Features for 10517 Kentshire Ct
General Information
Standard status
Active
Size
3,200 SF
Class
B
Property subtype
Office
Zoning
C2
Amenities
Monument signage
Building Details
Building Size
3,200 SF
Buildings
1
Listing Agency:
(985) 974-8301
Listed By:
Fabian Edwards, JD/DCL
(985) 974-8301
Source:
Elifinrealty
Added: Jun 1
Changed: Aug 30
Last Checked: Aug 31 at 2:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fabian Edwards, JD/DCL
Investment Insights
Based on property information with market context.
This standalone office building contains approximately 3,200 square feet and carries C2 zoning, identified as Heavy Commercial. The property is currently occupied and is designated to be vacant at sale. Monument signage and ample parking are included among the site features.
The property is located at 10517 Kentshire Ct in Baton Rouge, Louisiana, within the Bluebonnet Office Corridor. Its office configuration, commercial zoning, signage, and parking provide the principal physical characteristics for evaluation.
The property is located at 10517 Kentshire Ct in Baton Rouge, Louisiana, within the Bluebonnet Office Corridor. Its office configuration, commercial zoning, signage, and parking provide the principal physical characteristics for evaluation.
Key Highlights
- ±3,200 SF office building
- C2 zoning identified as Heavy Commercial
- Located at 10517 Kentshire Ct, Baton Rouge, LA 70810
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,607
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$612,140
$612.1K
Cap Rate 7%
$437,243
$437.2K
Cap Rate 9%
$340,078
$340.1K
Market Conditions
NOI Build-Up for 3,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$41.9K $13.08/SF
− Vacancy
−$1.0K −$0.33/SF
EGI
$40.8K $12.75/SF
− OpEx
−$10.2K −$3.19/SF
NOI
$30.6K $9.56/SF
Area
Baton Rouge, LA
Vacancy
2.50%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$612,140
Cap Rate 7%
$437,243
Cap Rate 9%
$340,078
Alternative Uses
Best Use
Office B
$437.2K
$382.6K – $510.1K
NOI $30,607 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$766.4K
$670.6K – $894.1K
NOI $53,646 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
Explore this area
Business Placement
Demographics for 70810, LA
42,472
Population
19,195
Households
2.2
Avg Household Size
38
Median Age
55%
College-Educated
95%
High-School Grad
26.2 sq mi
ZIP Area
1,621
Density / Sq Mi
$93,712
Median Household Income
$52,510
Median Earnings
$1,406
Median Rent
$353,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Features include C2 zoning, monument signage, and ample parking.
Where is this office building located?
The property is located at 10517 Kentshire Ct Baton Rouge, LA.
What is the asking price?
The asking price for this property is $688,000.
What are key features of this property?
This property features: ±3,200 SF office building; C2 zoning identified as Heavy Commercial; Located at 10517 Kentshire Ct, Baton Rouge, LA 70810
