2817 Napoleon Ave New Orleans, LA 70115
- Office buildings
- 4,872 SF
- 0.17 lot acres
Current Use by Public Records
- Raj Sohi PT / Physical Therapist
- Evans + Frampton Orthodontics / Orthodontist
Property Details for 2817 Napoleon Ave
- Year built
- 1960
- Lot size
- 0.17 lot acres
- Property size
- 4,872 SF
- Property type
- Office buildings
- APN
- 614336002
- APU
- 614336002
Description
This beautifully renovated, single-story medical office building totaling 5,229 square feet is available for lease. Located at 2817 Napoleon Avenue, New Orleans, LA 70115, this property offers 1,940 square feet of vacant space, perfect for a medical or professional office. The building, renovated in 2022, enjoys excellent visibility and signage directly across from Ochsner Baptist's main campus. A portion of the building is currently occupied by Evans & Frampton Orthodontics, creating a synergistic environment. The available space is delivered in modified shell condition, with the landlord open to negotiating a more substantial build-out. A tenant improvement allowance is available. The lease includes four dedicated parking spaces, and prominent signage opportunities are available on the building and a soon-to-be-installed pylon sign visible from Napoleon Avenue. The building is zoned HU-B1 and is conveniently located in Uptown's medical district, providing easy access to I-10 and downtown via Claiborne Avenue or St. Charles Avenue. Its proximity to the Uptown and Garden District neighborhoods adds to its appeal. The cross streets are Willow Street and Clara Street.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,445,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,815,000
- 6.5%
- $1,675,000
- 7%
- $1,710,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,835,000
- Geo Method
- $1,805,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,850,000
- Retail
- $1,730,000
- Mixed-Use
- $2,025,000
- Hospitality
- $1,700,000
- Educational
- $1,775,000
- Residential Income
- $1,800,000
- Energy
- $1,710,000
- Income-Based Land
- $1,815,000
- Food Service
- $1,665,000
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans
- State
- Louisiana
- Longitude
- -90.1029
- Latitude
- 29.9386
- CBSA code
- 35380
- CBSA name
- NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA