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    4429 Willow St New Orleans, LA 70115

    Sponsored
    For Lease
    $9 SF/Yr

    Prime medical office land, sale/lease.

    Lot size:
    21,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.49-acre (21,680 sq ft) parcel presents a unique investment opportunity in the heart of Uptown New Orleans. Situated at the hard corner intersection of Jena Street and Willow Street, this property boasts excellent visibility and accessibility. Its strategic location directly across from Ochsner Baptist, a division of the Ochsner Medical System, makes it ideally suited for a medical office building development catering to healthcare providers affiliated with Ochsner. The site offers existing utilities and is designated as a Qualified Opportunity Zone, presenting significant tax advantages for investors. This versatile property is suitable for a variety of development options, including medical office, retail, office, or mixed-use projects. The property is available for both sale and ground lease, offering flexibility to potential buyers or tenants. This prime location in a thriving Uptown New Orleans neighborhood offers significant potential for growth and return on investment. The property's prominent corner location and proximity to a major medical center create an unparalleled opportunity for a successful development. Further details are available upon request.

    Property Features for 4429 Willow St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,680 SF

    Unit(s) available at that property

    Space
    Size
    21,680 SF
    Rate per SF
    $9

    HighLights

    • 0.49‑acre medical office development site, available for sale or lease.
    • Located directly across from Ochsner Baptist in Uptown New Orleans.
    • Situated on a hard corner with utilities available.
    • Ideal for medical, retail, office, or mixed‑use development.
    • Designated Qualified Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -90.1043375
    Latitude
    29.9392493

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    FAQs

    What type of property is this?
    Medical office - Prime medical office land, sale/lease.
    Where is this medical office located?
    The property is located at 4429 Willow St New Orleans, LA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 0.49-acre medical office development site, available for sale or lease.; Located directly across from Ochsner Baptist in Uptown New Orleans.; Situated on a hard corner with utilities available.
    Request Owner's contact information
    4429 Willow St New Orleans, LA 70115
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    New Orleans, LA 70115
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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
    4429 Willow St New Orleans, LA 70115
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