2021 Lakeshore DrNew Orleans, LA 70122

Property Details for 2021 Lakeshore Dr

Year built

1995

Lot size

1.00 AC

Property size (Sq ft)

89,250 SF

Property type

Office properties

Property subtype

Office buildings

APN

37W517308

APU

37W517308

Description

Located in New Orleans, Louisiana, The Beach at UNO offers 600,000 square feet of exceptional office space within a vibrant research park setting. This unique property, situated on six acres along Lake Pontchartrain, comprises six buildings, each boasting five stories and elevator access. The property features a mix of creative and executive office spaces, perfect for a variety of businesses. Four buildings currently have available space: the Advanced Technology Center (ATC), the Center for Energy Resource Management (CERM), and Information and Technology Centers #1 and #2 (ITC-1 & ITC-2). The property's location in Orleans Parish (APN 37W517303), at 2021 Lakeshore Dr, New Orleans, LA 70122, provides easy access to the University of New Orleans and fosters collaboration opportunities. This multi-tenant property offers a unique blend of office, laboratory, and conference facilities, ideal for growing businesses, public entities, and non-profit organizations seeking a dynamic and collaborative work environment. The property's strategic location within the only research park in Greater New Orleans positions tenants for success and contributes to the economic growth of the region. This is a rare opportunity to secure office space in a thriving, innovative community.

• CAP approach

  CAP return

  Valuation

  6%

  $14,153,399

  6.5%

  $13,064,676

  7%

  $12,131,485

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,808,069

  Geo Method

  $6,344,782

• Alternative Use

  Use

  Valuation

  Residential

  $16,200,198

  Hospitality

  $14,839,294

  Educational

  $12,346,119

  Medical

  $12,770,721

  Retail

  $19,205,074

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

30.032

Longitude

-90.0617

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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