Executive Office Building For
For Sale
Contact for pricing
201 Camp St, New Orleans, LA 70130
High-end office building in former Hancock Whitney Complex.
Property Size15,658 SF
Price / SF$189
Days on Market1282
Property Features for 201 Camp St
General Information
Standard status
Active
Size
15,658 SF
Property subtype
Office
Listing Agency:
Talbot Realty Group
Listed By:
Bobby Talbot · License #LA 0000006978
Source:
Crexi
Added: Jan 25, 2023
Changed: Jul 6
Last Checked: Jul 29 at 9:14AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
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
NOI $278,582 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10,455
Businesses Nearby
Explore this area
Business Placement
Demographics for 70130, LA
14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
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?
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.