365 Canal StNew Orleans, LA 70130
- Office properties
- 652,548 SF
Property Details for 365 Canal St
- Year built
- 1979
- Lot size
- 0.68 AC
- Property size (Sq ft)
- 652,548 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 206100301
- APU
- 206100301
Description
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 Convention Center, Audubon Aquarium of the Americas, Woldenberg Park, the Four Seasons Hotel, and numerous restaurants such as Shake Shack and Brasa. The building is part of a mixed-use complex that also features a 1,650-space parking garage and retail shops. Its convenient location provides easy access to the Medical District and major universities including Tulane, LSU, and VA Hospitals via Canal Street. On-site property management and engineering services ensure seamless operations. The building offers flexible floor plans to accommodate various office needs, from traditional layouts to creative designs. This is a rare opportunity to secure prime office space in a vibrant and highly desirable location in the heart of New Orleans. The property is in Orleans Parish, and crosses N. Peters St.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $103,482,040
- 6.5%
- $95,521,880
- 7%
- $88,698,888
-
Comparable approach
- Method
- Valuation
- Relative Method
- $49,776,940
- Geo Method
- $46,389,636
-
Alternative Use
- Use
- Valuation
- Residential
- $118,447,136
- Hospitality
- $108,496,936
- Educational
- $90,268,184
- Medical
- $93,372,640
- Retail
- $140,417,168
Location Insight
- City
- New Orleans
- County
- Orleans
- State
- Louisiana
- Latitude
- 29.9514
- Longitude
- -90.0655
- CBSA code
- 35380
- CBSA name
- NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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