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Property profile & analytics
OFF-MARKET
Medical Office Space

3432 Canal St New Orleans, LA 70119

6,099 SF 0.16 ac lot Built 1900
Entity Owned ~ Est. High Equity
Property ID
US36-0453669
Property summary
AI-generated overview

Exceptional investment opportunity in the heart of Midcity New Orleans. This portfolio consists of four buildings situated at the corner of Canal Street and South Clark Street, offering a combined land area of approximately 23,542 square feet. The buildings, individually addressable from 3420 to 3432 Canal Street and 118 to 124 South Clark Street, present a unique chance to acquire a significant footprint in a vibrant urban setting. Individual building pricing is available. Two buildings, 3432 Canal and 3426 Canal, were previously leased to the VA and feature sprinkler systems; 3432 Canal also includes a functioning elevator. The property is zoned HUMU (Historic Urban Mixed Use), allowing for a wide range of commercial uses, including retail, restaurants, or office spaces. The total asking price for the entire portfolio is $2,750,000. The buildings offer a combined square footage ranging from 1,600 to 12,422 square feet, providing flexibility for various development plans. This is a rare opportunity to acquire a substantial property in a rapidly growing area with significant redevelopment potential. The historical character of the neighborhood, combined with its proximity to the city's bustling activity, makes this an attractive investment for discerning buyers.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1900
Total area 6,099 SF
Lot 0.16 ac (7,100 SF)
APN 105300107
UPID US36-0453669
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
3434 Canal LLC
3434 Canal LLC
since 2025
Last sale
$1.4M
1 recorded transaction
2025
$1.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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