Professional Office Suites For
For Sale
$412,000
4326 Sherwood Common Blvd Stes 102/202, Baton Rouge, LA 70816
Well-maintained office suites in established Sherwood Common Office Park.
Property Size2,295 SF
Days on Market183
Property Features for 4326 Sherwood Common Blvd Stes 102/202
General Information
Standard status
Active
Size
2,295 SF
Class
C
Property subtype
Office
Building Details
Building Size
2,295 SF
Listing Agency:
Lee & Associates | Baton Rouge
Listed By:
Tom McGee
(318) 282-2974
Source:
Lee-associates
Added: Mar 4
Changed: Sep 3
Last Checked: Sep 2 at 4:45PM
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 Lee & Associates | Baton Rouge
Investment Insights
Based on property information with market context.
Suites 201 and 202 at 4326 Sherwood Common Boulevard provide a professional office opportunity within the Sherwood Common Office Park. This complex is located in Baton Rouge’s Sherwood corridor. The property is situated just off Airline Highway (US‑61/190), offering visibility and a business environment. The location benefits from proximity to both Interstate 10 and Interstate 12, ensuring regional and interstate access across the Baton Rouge metro. This location provides connectivity for commuters and clients, with access to retail, dining, and service amenities. The Sherwood Common corridor is home to a mix of professional offices and medical users. The property offers a location with infrastructure support in an office park setting. The suites are currently configured as one combined suite but are divisible into two suites. The interior condition is very good with quality finishes. Updated HVAC systems are in place. The property is suited for an owner-user or investment opportunity.
Key Highlights
- Prime Sherwood Corridor location with excellent access to Airline Highway and nearby Interstates 10 and 12.
- Currently configured as one combined suite, easily divisible into two suites for flexible use.
- Very good interior condition with quality finishes.
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
$21,951
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
5.33%
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%
$439,020
$439.0K
Cap Rate 7%
$313,586
$313.6K
Cap Rate 9%
$243,900
$243.9K
Market Conditions
NOI Build-Up for 2,295 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
$30.0K $13.08/SF
− Vacancy
−$750 −$0.33/SF
EGI
$29.3K $12.75/SF
− OpEx
−$7.3K −$3.19/SF
NOI
$22.0K $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%
$439,020
Cap Rate 7%
$313,586
Cap Rate 9%
$243,900
Alternative Uses
Best Use
Office B
$313.6K
$274.4K – $365.9K
NOI $21,951 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$549.6K
$480.9K – $641.2K
NOI $38,474 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,666
Businesses Nearby
Explore this area
Business Placement
Demographics for 70816, LA
45,232
Population
21,024
Households
2.2
Avg Household Size
34
Median Age
36%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
2,775
Density / Sq Mi
$65,894
Median Household Income
$39,344
Median Earnings
$1,155
Median Rent
$232,300
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 units - Well-maintained office suites in established Sherwood Common Office Park.
Where is this office units located?
The property is located at 4326 Sherwood Common Blvd Stes 102/202 Baton Rouge, LA.
What is the asking price?
The asking price for this property is $412,000.
What are key features of this property?
This property features: Prime Sherwood Corridor location with excellent access to Airline Highway and nearby Interstates 10 and 12.; Currently configured as one combined suite, easily divisible into two suites for flexible use.; Very good interior condition with quality finishes.
