Stand-Alone Office
For Sale
$139,900
5902 Buncombe Rd, Shreveport, LA 71129
B-1-zoned office property with a practical layout, parking, and separate storage improvements.
Property Size880 SF
Price / SF$158.98
Days on Market43
Property Features for 5902 Buncombe Rd
General Information
Standard status
Active
Size
880 SF
Zoning
B-1 Commercial
Amenities
reception area
fireplace
private office
conference room
flexible workspace
kitchenette
restroom with shower
storage space
detached storage building
Building Details
Year Built
1992
Buildings
2
Listing Agency:
Diamond Realty & Associates
Listed By:
Terri Levesque · License #0000073902
(318) 464-2914
Source:
Minteerteam
Added: Jul 22
Changed: Aug 31
Last Checked: Sep 1 at 10:46PM
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 Diamond Realty & Associates
Investment Insights
Based on property information with market context.
This stand-alone office building contains approximately 880 square feet arranged for professional operations. The interior includes a reception area with fireplace, private office, conference room, adaptable work area, kitchenette, restroom with shower, and additional storage. The property was built in 1992 and is vacant for immediate occupancy.
Located on Buncombe Road in west Shreveport, the property includes on-site parking and a detached storage building. B-1 Commercial zoning supports approved professional and commercial uses, including real estate, insurance, legal, accounting, consulting, counseling, and medical businesses.
Located on Buncombe Road in west Shreveport, the property includes on-site parking and a detached storage building. B-1 Commercial zoning supports approved professional and commercial uses, including real estate, insurance, legal, accounting, consulting, counseling, and medical businesses.
Key Highlights
- Approximately 880 SF of office space with reception, private office, conference room, and flexible work area
- B‑1 Commercial zoning supports a range of approved professional and commercial uses
- Reception area includes a fireplace; restroom is equipped with a shower
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
$9,979
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
7.13%
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%
$199,580
$199.6K
Cap Rate 7%
$142,557
$142.6K
Cap Rate 9%
$110,878
$110.9K
Market Conditions
NOI Build-Up for 880 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
$15.8K $18.00/SF
− Vacancy
−$2.5K −$2.88/SF
EGI
$13.3K $15.12/SF
− OpEx
−$3.3K −$3.78/SF
NOI
$10.0K $11.34/SF
Area
Shreveport, LA
Vacancy
16.00%
Lease Rate
$18.00 /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%
$199,580
Cap Rate 7%
$142,557
Cap Rate 9%
$110,878
Alternative Uses
Best Use
Office B
$142.6K
$124.7K – $166.3K
NOI $9,979 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$185.7K
$162.5K – $216.7K
NOI $13,001 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Explore this area
Business Placement
Demographics for 71129, LA
13,198
Population
6,523
Households
2
Avg Household Size
38
Median Age
23%
College-Educated
91%
High-School Grad
42.7 sq mi
ZIP Area
309
Density / Sq Mi
$50,551
Median Household Income
$38,651
Median Earnings
$918
Median Rent
$182,000
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 - B-1-zoned office property with a practical layout, parking, and separate storage improvements.
Where is this office building located?
The property is located at 5902 Buncombe Rd Shreveport, LA.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Approximately 880 SF of office space with reception, private office, conference room, and flexible work area; B‑1 Commercial zoning supports a range of approved professional and commercial uses; Reception area includes a fireplace; restroom is equipped with a shower
