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    320 Camp St New Orleans, LA 70130

    For Sale
    $5,900,000

    Historic CBD Office Complex, Huge Potential

    Property size:
    38,729 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial real estate opportunity consists of three interconnecting, four-story buildings totaling 38,729 square feet in New Orleans' Central Business District (CBD). Located at 320 Camp Street, this vacant property presents a unique redevelopment opportunity for various uses, including multi-family, hospitality, or co-working spaces. The buildings, originally constructed in the 1800s, are eligible for both state and federal historic tax credits (HTCs), potentially offsetting over 30% of renovation costs. The property's prime location spans a city block, with street frontage on Camp Street and access to Picayune Place. Its proximity to Poydras Street, Canal Street, and the French Quarter, along with adjacent Class A office buildings, hotels, and restaurants, ensures high visibility and accessibility. The buildings offer distinct features: 318 Camp Street (18,872 sq ft) boasts a four-story glass atrium, modern conference rooms, a large lounge with kitchen, and a glass-backed elevator

    Property Features for 320 Camp St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    38,729 SF
    Class
    B

    Building Details

    Buildings
    3
    Stories
    4

    HighLights

    • Historic building with character.
    • Prime CBD location.
    • Eligible for historic tax credits.
    • Abundant nearby parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    realtydcoinc Real Estate Agency

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.068992609393
    Latitude
    29.950515459877

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    FAQs

    What type of property is this?
    Office Property / Space - Historic CBD Office Complex, Huge Potential
    Where is this office property / space located?
    The property is located at 320 Camp St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: Historic building with character.; Prime CBD location.; Eligible for historic tax credits.
    (504) 581-5005
    Request Owner's contact information
    320 Camp St New Orleans, LA 70130
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    New Orleans, LA 70130
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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
    320 Camp St New Orleans, LA 70130
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