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OFF-MARKET
Office Spaces

3525 New Orleans Ln 70115 New Orleans, LA 70115

1,505 SF
Property ID
Property summary
AI-generated overview

This exceptional 1,505-square-foot medical office condo is situated in a prime Uptown New Orleans location at 3525 Prytania Street, Suite 425, New Orleans, LA 70115. Located directly across from Touro Infirmary-LCMC Health and connected via an enclosed pedestrian bridge, this fourth-floor suite offers unparalleled convenience and visibility. The space boasts a well-designed layout including a reception area, nurse's station, five exam rooms, a lab room, doctor's office, kitchenette, and private bathroom. The unit is in excellent condition, requiring minimal cosmetic updates, and benefits from abundant natural light. The building itself is a six-story, approximately 204,545-square-foot structure featuring passenger elevators, an atrium lobby with an electronic screen, and ample parking in an attached garage used by physicians, staff, and patients of both the building and Touro Infirmary. The property is zoned MC and enjoys a convenient location near various amenities including restaurants, cafes, banks, supermarkets, and pharmacies. Monthly taxes are $420, and the $1805 condo fee encompasses electricity, water, building insurance, and janitorial services. Signage opportunities are available on doors and the electronic directory. This owner-user investment opportunity is offered at $361,200. Note that this condo unit is also available for lease

Property profile
Verified
Property type Office Spaces
Total area 1,505 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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