Single-Story Flex
For Sale
$389,900
5545 Superior Dr, Baton Rouge, LA 70816
Office configuration combines private rooms, shared workspace, meeting areas, and a substantial multipurpose room.
Property Size3,696 SF
Price / SF$105.49
Days on Market247
Property Features for 5545 Superior Dr
General Information
Standard status
Active
Size
3,696 SF
Total Parking Spaces
18
Property subtype
Office
Zoning
LC1
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Furnished
No
Amenities
conference room
kitchen
lounge
security cameras
private bathroom with shower
Power
Water
Natural Gas
18 Parking Spaces
Building Details
Year Built
1990
Buildings
1
Stories
1
Listing Agency:
Emerge Properties of LA
Listed By:
Sterling Hall · License #0912123296
(225) 610-7653
Source:
Lacdb.resimplifi
Added: Dec 31, 2025
Changed: Aug 31
Last Checked: Sep 2 at 2:20PM
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 Emerge Properties of LA
Investment Insights
Based on property information with market context.
This 3,696 SF single-story flex property is configured for office and group-use functions, with five private offices, a reception office, open bullpen workspace, conference room, lounge or client area, kitchen, separate men’s and women’s restrooms, and a secured server/storage room. The primary office includes a private bathroom with a shower. A 25 x 42 +/- flex room supports meetings, training sessions, ceremonies, performances, and other layouts. The attic offers additional storage space, while paved rear access provides parking and storage area on the two-lot property.
Located at 5545 Superior Drive in Baton Rouge, the building has access to Sherwood Forest Boulevard, Sherwood Highway, and Jefferson Highway. Three HVAC units were installed in March 2019, serving the flex room, rear offices, and front offices. CAT4 cabling runs throughout the building, and a whole-building gas generator remains on site but is not currently in use.
Located at 5545 Superior Drive in Baton Rouge, the building has access to Sherwood Forest Boulevard, Sherwood Highway, and Jefferson Highway. Three HVAC units were installed in March 2019, serving the flex room, rear offices, and front offices. CAT4 cabling runs throughout the building, and a whole-building gas generator remains on site but is not currently in use.
Key Highlights
- 25 x 42 +/- flex room for meetings, training sessions, ceremonies, performances, and other configurations
- 3,696 SF single‑story building on 2 lots
- 5 private offices plus a server/storage room that is currently configured separately
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
$35,351
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
9.07%
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%
$707,020
$707.0K
Cap Rate 7%
$505,014
$505.0K
Cap Rate 9%
$392,789
$392.8K
Market Conditions
NOI Build-Up for 3,696 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
$48.3K $13.08/SF
− Vacancy
−$1.2K −$0.33/SF
EGI
$47.1K $12.75/SF
− OpEx
−$11.8K −$3.19/SF
NOI
$35.4K $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%
$707,020
Cap Rate 7%
$505,014
Cap Rate 9%
$392,789
Alternative Uses
Best Use
Office B
$505.0K
$441.9K – $589.2K
NOI $35,351 @ 7.0% cap · market cap 9.07%
Second Best
Industrial
$352.1K
$308.1K – $410.8K
NOI $24,647 @ 7.0% cap · market cap 6.32%
Theoretical Best
Specialty Retail
$885.2K
$774.5K – $1.03M
NOI $61,961 @ 7.0% cap · market cap 15.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,106
Businesses Nearby
Under-served
Demand for This Use
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Tammyz Handz — 12531 Coursey Blvd #1088, Baton Rouge, LA 70816
Frequently Asked Questions
What type of property is this?
Flex space - Office configuration combines private rooms, shared workspace, meeting areas, and a substantial multipurpose room.
Where is this flex space located?
The property is located at 5545 Superior Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 25 x 42 +/- flex room for meetings, training sessions, ceremonies, performances, and other configurations; 3,696 SF single‑story building on 2 lots; 5 private offices plus a server/storage room that is currently configured separately
