211 Cp St New Orleans, LA 70130
This exceptional redevelopment opportunity presents a unique chance to acquire the Norman Mayer Building, a historically significant six-story structure located at 211 Camp Street in New Orleans, Louisiana, 70170. Situated on a 6,500 square foot lot, this vacant, 36,631 square foot mixed-use building is zoned CBD-1, offering significant potential for a variety of uses. Currently, the property is part of the former Hancock Whitney Bank complex and requires separation from the main complex as part of the redevelopment process. The asking price is $5,500,000, translating to $150.15 per square foot. Detailed floor plans are available upon request. This prime location in the heart of New Orleans' central business district presents an unparalleled chance to transform a landmark building into a thriving commercial or hospitality venture. The building's architectural significance adds considerable value and presents a unique opportunity for a developer seeking a high-profile project. The vacant status allows for complete design flexibility and immediate commencement of redevelopment. This is a rare chance to acquire a substantial property in a vibrant and growing urban core. Further information and detailed floor plans are available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.