5504 Northwood South Road #A, Blanchard, LA 71107

Building Details

Year Built 2021 More

Listing Agency: Superior Realty Group Show Phone

Listed By: Jake Lawler · License LA #0995689019 Show Phone

Source: Dallasandbeyond

Added: Oct 30 Changed: Nov 8 Last Checked: Nov 10 at 8:28AM

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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 Superior Realty Group

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Investment Insights

Based on property information with market context.

A 1,200-square-foot office suite at 5504 Northwood South Road #A provides a dedicated space for business operations. Built in 2021, the unit is described as well maintained and ready for occupancy.

Key Highlights

• 1,200‑square‑foot office suite
• Built in 2021
• Ready for immediate occupancy

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$9,771

Suggested Prices Based on Cap Rates

Cap Rate 5%

$195,420 $195.4K

Cap Rate 7%

$139,586 $139.6K

Cap Rate 9%

$108,567 $108.6K

What to ask about pricing

Market Conditions

NOI Build-Up for 1,200 SF

Gross rent

$14.7K $12.24/SF

− Vacancy

−$1.7K −$1.38/SF

EGI

$13.0K $10.86/SF

− OpEx

−$3.3K −$2.71/SF

NOI

$9.8K $8.14/SF

Area

Caddo County, LA

Vacancy

11.30%

Lease Rate

$12.24 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$195,420

Cap Rate 7%

$139,586

Cap Rate 9%

$108,567

Alternative Uses

Best Use

Office B

$139.6K

$122.1K – $162.9K (±1% cap)

NOI $9,771 @ 7.0% cap

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$237.4K

$207.8K – $277.0K (±1% cap)

NOI $16,620 @ 7.0% cap

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Restaurant Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14

Businesses Nearby

Explore this area Business Placement

Demographics for 71107, LA

31,311

Population

13,636

Households

2.3

Avg Household Size

38

Median Age

18%

College-Educated

85%

High-School Grad

137.2 sq mi

ZIP Area

228

Density / Sq Mi

$48,114

Median Household Income

$31,075

Median Earnings

$909

Median Rent

$157,000

Median Home Value

Market

Average Price Trend$/SF for Office Units in Caddo County, LA

$105 Jul

$86.34 Aug

$82.35 Sep

$80.14 Oct

Properties on Market for Office Units in Caddo County

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Frequently Asked Questions

What type of property is this?

Office unit - The 2021-built suite offers 1,200 square feet for office use.

Where is this office unit located?

The property is located at 5504 Northwood South Road #A Blanchard, LA.

What are key features of this property?

This property features: 1,200‑square‑foot office suite; Built in 2021; Ready for immediate occupancy