2924 General Degaulle DrNew Orleans, LA 70114

Property Details for 2924 General Degaulle Dr

Year built

2013

Lot size

0.83 AC

Property size (Sq ft)

6,048 SF

Property type

Medical offices

Property subtype

Medical centers

APN

513512501

APU

513512501

Description

This single-tenant medical office building, located at 2924 General De Gaulle Drive in New Orleans, Louisiana, offers 6,000 square feet of space on a 0.83-acre lot. The property, identified by APN 513512501, is situated in the Westbank submarket of Orleans Parish and features a convenient one-story design. The building's former use as a Davita Dialysis facility provides a well-maintained and functional space, ideal for a variety of medical uses. Key features include a covered drive-thru for patient drop-off and pick-up, ample parking, a reception area, multiple private offices, and a dedicated treatment area. The property's location on General De Gaulle Drive offers excellent visibility and accessibility, benefiting from proximity to residential communities and businesses. The existing lease term extends through August 31, 2029. This presents a unique sublease opportunity for tenants seeking a turnkey medical office space in a high-traffic area. The property is zoned for medical office use and is ready for immediate occupancy. The 70114 zip code provides easy access to major roadways and other amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $1,086,980

  6.5%

  $1,003,370

  7%

  $931,698

• Comparable approach

  Method

  Valuation

  Relative Method

  $461,347

  Geo Method

  $429,952

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,863,330

  Retail / Commercial

  $977,445

  Mixed-Use / Specialty

  $991,249

  Hospitality / Lodging

  $749,756

  Institutional / Educational

  $1,036,680

  Residential Income

  $1,212,910

  Multifamily

  $1,358,860

  Automotive / Energy

  $888,581

  Parking / Income-Based Land

  $289,558

  Restaurant / Food Service

  $552,453

  Healthcare / Senior Housing

  $998,779

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

29.9281

Longitude

-90.0269

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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