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    601 Loyola Ave New Orleans, LA 70113

    For Sale
    $8,500,000

    Hyatt Regency Convention Center with long-term NNN lease.

    Property size:
    23,700 SF
    Lot size:
    0.92 Acres

    Property Features for 601 Loyola Ave

    General Information

    Size
    23,700 SF
    Lot size
    0.92 Acres

    Source: Faris Lee Investments Agent Scott DeYoung

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hyatt Regency Convention Center For Sale

    This property features a Hyatt Regency Convention Center operating under a 50-year NNN lease, with 40 years remaining on the agreement. The property encompasses 23,700 square feet and is located on Loyola Avenue in New Orleans, Louisiana.
    Insight Report Location Intelligence

    Current Use by Public Records

    New Orleans Greyhound Stadium Rush My Passport Passport Photo Processor My hotel Hotel Big Night New ... Event Planner 1718 Events Caterer

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0764106
    Latitude
    29.9495418

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    FAQs

    What type of property is this?
    Retail space - Hyatt Regency Convention Center with long-term NNN lease.
    Where is this retail space located?
    The property is located at 601 Loyola Ave New Orleans, LA.
    What is the asking price?
    The asking price for this property is $8,500,000.
    What are key features of this property?
    This property features: - 40 years remaining on lease; - 50 year NNN lease; - Hyatt Regency Convention Center
    (949) 221-1835
    Request Owner's contact information
    601 Loyola Ave New Orleans, LA 70113
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    New Orleans, LA 70113
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 Loyola Ave New Orleans, LA 70113
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