320 Camp StNew Orleans, LA 70130

Property Details for 320 Camp St

Year built

1900

Lot size

0.06 AC

Property size (Sq ft)

9,923 SF

Property type

Office properties

Property subtype

Office buildings

APN

104101008

APU

104101008

Description

This exceptional commercial real estate opportunity presents three interconnected, historically significant buildings totaling 38,729 square feet in the heart of New Orleans' Central Business District. Originally constructed in 1850 and masterfully renovated, this property boasts a unique blend of historic charm and modern functionality. The three buildings, each four stories high and interconnected on every level, offer a versatile space ideal for a variety of uses, including traditional office space, co-working facilities, or even a hospitality venture. The layout includes a mix of private offices, open workspaces, and multiple conference rooms. Strategically located on Camp Street, the property enjoys both front and rear access, spanning the width of a city block with rear access to Picayune Place. Its prime location places it just a block and a half from Poydras Street, a major thoroughfare in the CBD, and within close proximity to Class A office buildings, hotels, and restaurants. Furthermore, its location is only two blocks from Canal Street and the vibrant French Quarter. The property is zoned CBD-2 and features elevators. This is a rare chance to acquire a landmark property in a highly desirable location. The buildings' interconnected design and substantial square footage provide significant potential for a wide range of commercial endeavors.

• CAP approach

  CAP return

  Valuation

  6%

  $1,573,604

  6.5%

  $1,452,558

  7%

  $1,348,804

• Comparable approach

  Method

  Valuation

  Relative Method

  $756,935

  Geo Method

  $705,426

• Alternative Use

  Use

  Valuation

  Residential

  $1,801,172

  Hospitality

  $1,649,864

  Educational

  $1,372,667

  Medical

  $1,419,875

  Retail

  $2,135,260

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

29.9505

Longitude

-90.0687

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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