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    Executive Office Building For Sale Title is generated by Realmo AI

    201 Camp St, New Orleans, LA 70130

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    High-end office building in former Hancock Whitney Complex.

    Type:Office
    Property size:
    15,658 SF
    Price / SF:
    $189/SF
    Added:
    Jan 25, 2023
    Days on Market:
    1237
    Last Refresh:
    May 19 at 10:24 pm

    Property Features for 201 Camp St

    General Information

    Standard status
    Active
    Size
    15,658 SF
    Property subtype
    Office

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    Listing Contact
    Bobby Talbot

    Listing agent Bobby Talbot License #LA 0000006978

    Listing office Talbot Realty Group

    Listing date Jan 25, 2023

    Source Crexi

    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 Talbot Realty Group

    HighLights

    • High‑end finishes indicative of a former executive suite building.
    • Prime corner location at Camp & Common Streets.
    • Part of the well‑known former Hancock Whitney Complex.
    • Opportunity to purchase approximately 22,483 SF on the upper 4 levels of the adjacent building.
    • Building must be separated from the main complex, offering potential for independent operation.
    • Marketing flyer available for download with additional details and offerings.

    Overview

    This office building, situated on the corner of Camp and Common Streets, was formerly part of the Hancock Whitney Complex. The building, previously used as the executive suite building, features high-end finishes. The property has a total size of 15,658 square feet. The building must be separated from the main complex. There is an opportunity to purchase the upper 4 levels (approximately 22,483 square feet) of the adjacent building that wraps 201 Camp Street.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $357.0k $22.80
    − Vacancy −$49.3k −$3.15
    EGI $307.7k $19.65
    − OpEx −$76.9k −$4.91
    NOI $230.8k $14.74
    15,658 SF · lease $22.80/SF/yr · vacancy 13.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.30M
    $2.89M – $3.85M (±1% cap)
    NOI $230,802 @ 7.0% cap · market cap 7.76%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.98M
    $3.48M – $4.64M (±1% cap)
    NOI $278,582 @ 7.0% cap · market cap 9.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Blanca Heinsen Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Dental Office Spa & Massage Center Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.068795
    Latitude
    29.9516207

    FAQs

    What type of property is this?
    Office building - High-end office building in former Hancock Whitney Complex.
    Where is this office building located?
    The property is located at 201 Camp St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $2,975,000.
    What are key features of this property?
    This property features: High‑end finishes indicative of a former executive suite building.; Prime corner location at Camp & Common Streets.; Part of the well‑known former Hancock Whitney Complex.
    More about this property
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