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Property profile & analytics
FOR LEASE
Medical Office Space

2633 Napoleon Ave New Orleans, LA 70115

106,907 SF 0.62 ac lot Built 1980
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US36-0494906
Property summary
AI-generated overview

The Napoleon Medical Building is a premier Class A, ten-story medical office building totaling 75,600 square feet situated on 0.623 acres of land in Uptown New Orleans. Its prime location directly across from Ochsner Baptist Hospital provides exceptional visibility and accessibility. The building boasts 208 total parking spaces, a mix of 129 surface and 79 covered spaces, ensuring ample parking for patients and staff. Currently, nine suites are available, ranging in size from 1,100 to 5,349 square feet, offering flexibility for various medical practices. The building's diverse tenant mix currently includes dentistry, plastic surgery, cardiology, physical therapy, internal medicine, dermatology, orthopedics, and a hearing clinic. On-site management ensures smooth operations. Convenient access is provided via South Claiborne Avenue (US-90). A unique feature is Suite 101, a former restaurant/sundry shop with a large outdoor patio, presenting a versatile space for a variety of uses. The building is zoned HU-B1. This property represents a significant opportunity for medical professionals seeking a high-profile location within a thriving medical community. Pricing is available upon request.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1980
Total area 106,907 SF
Lot 0.62 ac (27,000 SF)
APN 614332905
UPID US36-0494906
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
Current use
Occupant on record · Public records
  • Uptown Endodontics Dental Office
  • Connell Family Dentistry Dental Office
  • NOLA Smiles Dental Solutions Dental Office
  • Dr. Brian D. Connell, DDS Dental Office
  • George H. Arch Jr. DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.26M
Blend (final) Blend
$5.59M
Owner & transaction history
Vpu New Orleans LLC · 1 yrs held
Vpu New Orleans LLC
since 2024
Last sale
$8,799
2 recorded transactions
2024
$8,799
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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