Six-Story Medical Office
For Sale
$1,500,000
5650 Read Blvd, New Orleans, LA 70127
Medical-use property with elevator access and core bathrooms on every level, providing a foundation for future build-out.
Property Size53,716 SF
Price / SF$27.92
Days on Market120
Property Features for 5650 Read Blvd
General Information
Standard status
Active
Size
53,716 SF
Elevators
Yes
Property subtype
Healthcare
Zoning
MS
Additional Details
Highway Access
Yes
Amenities
core bathrooms
Vacant
Building Details
Year Built
1980
Buildings
1
Stories
6
Listing Agency:
Hamilton Realty Co., LLC
(985) 807-2111
Listed By:
Charlotte Peachey
(985) 807-2111
Source:
Lacdb.resimplifi
Added: May 5
Changed: Aug 30
Last Checked: Aug 31 at 1:02PM
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 Hamilton Realty Co., LLC
Investment Insights
Based on property information with market context.
Located at 5650 Read Blvd in New Orleans, this six-story medical office property offers 53,716 square feet within a 1980-built structure. The interior is positioned for build-out, with elevator service and core bathroom installations already established on each floor. MS zoning supports medical use, while the floor-by-floor configuration provides a substantial framework for a customized professional environment.
The building sits across from a public library and park, with New Orleans East Hospital nearby. Interstate 10 is only minutes away, providing regional access from the property. The asset is offered for sale and may also support a triple-net lease structure.
The building sits across from a public library and park, with New Orleans East Hospital nearby. Interstate 10 is only minutes away, providing regional access from the property. The asset is offered for sale and may also support a triple-net lease structure.
Key Highlights
- 53,716‑square‑foot medical office building completed in 1980
- Six‑story structure with elevators serving the building
- Core bathrooms built out on every floor
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
741
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70127, LA
24,332
Population
10,719
Households
2.3
Avg Household Size
35
Median Age
25%
College-Educated
86%
High-School Grad
5.5 sq mi
ZIP Area
4,424
Density / Sq Mi
$41,548
Median Household Income
$30,817
Median Earnings
$1,060
Median Rent
$191,200
Median Home Value
Market
Vacancy Rate% for Office in New Orleans, LA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical-use property with elevator access and core bathrooms on every level, providing a foundation for future build-out.
Where is this medical office space located?
The property is located at 5650 Read Blvd New Orleans, LA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 53,716‑square‑foot medical office building completed in 1980; Six‑story structure with elevators serving the building; Core bathrooms built out on every floor
