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Property profile & analytics
OFF-MARKET
Hotels

1600 Prytania St New Orleans, LA 70130-4418

5,678 SF 0.1 ac lot Built 1820
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US36-0433712
Property summary
AI-generated overview

This exceptional New Orleans office property, located at 1600 Prytania St, offers approximately 3,851 rentable square feet, divisible into separate suites. Situated in the desirable Lower Garden District at the corner of Prytania and Terpsichore Streets, this highly visible property boasts recently renovated spaces with high-end finishes throughout two buildings. The main building features two ground-floor suites with abundant natural light, offering a flexible open layout suitable for a variety of uses, or easily divisible into two independent units. A charming two-story carriage house, just steps from the main building, provides additional office space, leasable separately or in conjunction with the main building. The property's prime location offers easy access to the Warehouse District, Central Business District, Uptown, West Bank, and major roadways including I-10 and the Crescent City Connection. It's also within two blocks of the vibrant shopping and dining options along St. Charles Avenue and Magazine Street. On-site parking accommodates two vehicles. This unique property combines historic charm with modern amenities, making it an ideal location for businesses seeking a prestigious and convenient address in the heart of New Orleans. Please note: Do not disturb current tenants.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1820
Total area 5,678 SF
Lot 0.1 ac (4,424 SF)
APN 101105710
UPID US36-0433712
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Oab Investments LLC · 2 yrs held
Oab Investments LLC
since 2023
Last sale
$560,000
5 recorded transactions
2023
$560,000
2019
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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