Financial
Distress signals
Property profile

365 Canal St New Orleans, LA 70130

FOR LEASE
Office buildings
Property ID
US36-0501964
652,548 SF 0.68 ac lot Built 1979
Last sale Feb 2016
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 32-story, Class A office tower, One Canal Place (365 Canal St, New Orleans, LA 70130), offers 177,346 square feet of immediately available space, divisible to a minimum of 328 square feet and with a maximum contiguous space of 21,833 square feet. Built in 1979, the property boasts stunning views of the Mississippi River and the French Quarter. Located in the Central Business District, near the French Quarter, it enjoys unparalleled access to amenities including the Ernest N. Morial

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$5.69M
Assessed land$296k
Assessed improvement$5.39M

Value estimate

· Sep 2026
$13.82M
$12.43M – $15.20M
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$7k
Operating expenses−$10k
NOI · 149,576.19% cap applied$31k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$234/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$135 – $288

Cap rate analysis

How does the asset earn?
149,576.19%
$31k 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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store21.9
Dental Office19.3
Building Supply19.1

Location

365 Canal St New Orleans, LA 70130
County assessor Recorded deeds · 2 transfers 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
717 Cmn, New Orleans, LA 70130 $500,000 Dec 2023 12,665 SF
700 Cp, New Orleans, LA 70130-3702 $5,500,000 Sep 2023 31,735 SF
2125 Saint Charles, New Orleans, LA 70130-5320 $1,560,000 Nov 2021 8,280 SF
420 Julia, New Orleans, LA 70130-3606 $3,600,000 Oct 2019 35,697 SF
215 Tchoupitoulas, New Orleans, LA 70130 $1,860,000 Jun 2019 14,047 SF
822 Cp, New Orleans, LA 70130-3729 $1,981,125 Jun 2019 8,650 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?”
More about this property
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