Renovated Office Building with
For Sale
$375,000
7450 Antioch Rd, Baton Rouge, LA 70817
Fully renovated office building offers highly visible road frontage and a large parking lot, with multiple private offices.
Property Size2,369 SF
Lot Size0.49 Acres
Price / SF$158.29
Days on Market46
Property Features for 7450 Antioch Rd
General Information
Standard status
Active
Size
2,369 SF
Lot size
0.49 Acres
Additional Details
Road Access
Yes
Office Units
3
Building Details
Tenancy
Single
Listing Agency:
Dawson Grey Real Estate
(225) 325-5555
Listed By:
Carmen Coetzee · License #0995694832
Source:
Larry.agent225
Added: Jul 18
Changed: Aug 24
Last Checked: Aug 30 at 8:14PM
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 Dawson Grey Real Estate
Investment Insights
Based on property information with market context.
This fully renovated office building is offered for sale with a strong interior refresh and an emphasis on usable work space. The layout includes a full eat-in kitchen and three spacious offices, with ceramic tile flooring noted in the office areas. Bathrooms are updated with stone walk-in showers and granite countertops.
The property includes a large parking lot and benefits from highly visible road frontage. The outdoor area includes a back yard that the seller notes can be converted to a concrete driveway for additional parking if needed.
The building sits on approximately 0.49 acres and is currently rented, with the tenant operating on a month-to-month basis. Please do not disturb the tenant.
The property includes a large parking lot and benefits from highly visible road frontage. The outdoor area includes a back yard that the seller notes can be converted to a concrete driveway for additional parking if needed.
The building sits on approximately 0.49 acres and is currently rented, with the tenant operating on a month-to-month basis. Please do not disturb the tenant.
Key Highlights
- Fully renovated office building with highly visible road frontage and a large parking lot
- 3 spacious private offices with ceramic tile flooring and additional unique office finishes
- Stone walk‑in showers in all bathrooms with granite countertops
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
$22,659
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
6.04%
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%
$453,180
$453.2K
Cap Rate 7%
$323,700
$323.7K
Cap Rate 9%
$251,767
$251.8K
Market Conditions
NOI Build-Up for 2,369 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
$31.0K $13.08/SF
− Vacancy
−$775 −$0.33/SF
EGI
$30.2K $12.75/SF
− OpEx
−$7.6K −$3.19/SF
NOI
$22.7K $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%
$453,180
Cap Rate 7%
$323,700
Cap Rate 9%
$251,767
Alternative Uses
Best Use
Office B
$323.7K
$283.2K – $377.7K
NOI $22,659 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$567.4K
$496.4K – $661.9K
NOI $39,715 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Explore this area
Business Placement
Demographics for 70817, LA
35,025
Population
14,106
Households
2.5
Avg Household Size
40
Median Age
50%
College-Educated
96%
High-School Grad
25.4 sq mi
ZIP Area
1,379
Density / Sq Mi
$102,878
Median Household Income
$58,613
Median Earnings
$1,363
Median Rent
$288,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Fully renovated office building offers highly visible road frontage and a large parking lot, with multiple private offices.
Where is this office building located?
The property is located at 7450 Antioch Rd Baton Rouge, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Fully renovated office building with highly visible road frontage and a large parking lot; 3 spacious private offices with ceramic tile flooring and additional unique office finishes; Stone walk‑in showers in all bathrooms with granite countertops
