7030 Canal BlvdNew Orleans, LA 70124

Property Details for 7030 Canal Blvd

Year built

1980

Lot size

0.97 AC

Property size (Sq ft)

25,893 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

206412509

APU

206412509

Description

This exceptional 6,231 square foot medical office space is ideally situated within the Lakeview Health and Wellness Center at 7030 Canal Boulevard, New Orleans, LA 70124. Located in Orleans Parish, this two-story building offers convenient access and high visibility along Canal Boulevard, with ample signage opportunities. The space is currently configured into five distinct pods, each featuring three exam rooms (each with sinks), and one private office. A total of fifteen exam rooms, seven offices, a reception area, multiple bathrooms, and dedicated file storage are included. The building boasts an elevator for easy accessibility. Ample surface parking is available for patients and staff, accessible from both Walker Street and Louis XIV Street. This turnkey space is perfect for a large medical practice or partnership, accommodating a wide range of medical specialties. The building enjoys a strong tenant mix, including established businesses such as Murphy Orthodontics and Tulane Sports Medicine. This property presents a unique opportunity to establish or expand a thriving medical practice in a desirable New Orleans location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,106,151

  6.5%

  $3,790,293

  7%

  $3,519,558

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,975,141

  Geo Method

  $1,840,733

• Alternative Use

  Use

  Valuation

  Residential

  $4,699,964

  Hospitality

  $4,305,141

  Educational

  $3,581,827

  Medical

  $3,705,012

  Retail

  $5,571,731

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

30.0181

Longitude

-90.1071

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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