Financial
Distress signals
Property profile

3420 Canal St New Orleans, LA 70119

FOR SALE
Medical Office Space
Property ID
US36-0502203
2,963 SF 0.11 ac lot Built 1900
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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3420 Canal St, New Orleans, LA 70119 For Sale
$1,250,000 2,963 SF
3420 Canal St, New Orleans, LA 70119
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Property summary

AI-generated overview

3426 Canal Street is a 2,963-square-foot office building with a full sprinkler system and ADA-compliant accessibility, including an ADA ramp and related accessibility features. The building has a terracotta roof that was installed after Hurricane Katrina and includes a sewer line that was recently replaced to support ongoing operational reliability. Located in Mid-City New Orleans, the property is situated on Canal Street directly on the streetcar line, providing street-facing access and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$71k
Assessed land$12k
Assessed improvement$59k

Value estimate

· Sep 2026
$400k
$360k – $440k
NOI build-up
Gross scheduled income$110k
Vacancy & credit loss−$19k
Operating expenses−$23k
NOI · 5.42% cap applied$68k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$116/SF
Submarket average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$56 – $159

Cap rate analysis

How does the asset earn?
5.42%
$68k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORLEANS

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop10.3
Locksmith10.2
Tailor Shop9.4

Location

3420 Canal St New Orleans, LA 70119
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 13 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3432 Canal St, New Orleans, LA 70119 $1,400,000 Jul 2025 No data
1520 Broad, New Orleans, LA 70119-2334 $365,000 May 2022 1,924 SF
1215 Broad, New Orleans, LA 70119-3302 $1,323,000 Mar 2020 6,975 SF
3217 Canal, New Orleans, LA 70119-6203 $205,000 Jul 2019 1,242 SF
1780 Broad, New Orleans, LA 70119-2352 $215,000 May 2019 2,555 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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