4201 Woodland Dr - Health Care FOR SALE


New Orleans, LA 70131- Old Aurora
$8,600,000 USD
504-681-3409
4201 Woodland Dr, New Orleans, LA for Sale
$8,600,000 USD
Health Care - FOR SALE
1/14
null | Request Cap Rate

4201 Woodland Dr
New Orleans, LA 70131
Old Aurora


HIGHLIGHTS

  • Located minutes from downtown New Orleans and the French Quarter.
  • Existing infrastructure includes fire suppression system, on-site backup generator, and 96 surface parking spaces.
  • Over 1,251 feet of frontage along General DeGaulle Drive with strong visibility.

OVERVIEW

This offering presents a significant value-add investment or owner-user opportunity in New Orleans’ West Bank submarket. The six-story, ±120,000 SF institutional medical facility is situated on an expansive ±8.11-acre site with over 1,251 feet of frontage along General DeGaulle Drive, providing excellent visibility and accessibility. Originally constructed in 1973 as a nursing home and partially renovated in 2007, the property is zoned EC (Educational Campus District), supporting a wide range of healthcare and institutional uses, including medical office, psychiatric care, and rehabilitation services. Currently 26.5% occupied, the asset offers substantial upside through lease-up, redevelopment, or adaptive reuse. The site’s strategic location near the University of Holy Cross and major healthcare providers positions it as a strong candidate for public-private partnerships or specialty medical operations. With proximity to the French Quarter, downtown New Orleans, and major transportation corridors, this property combines scale, infrastructure, and location advantages for investors seeking long-term growth potential in a healthcare-driven market.

FOR SALE DETAILS

PRICE

$8,600,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Medical Facility

PROPERTY TYPE

Health Care

ADD'L SUBTYPES

Assisted Living, Hospital

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

96

LAND DETAILS

LAND ACRES

8.1 AC

LAND SF

352,836 SF

ZONING

EC

APN/PARCEL ID

5-13-8-039-71

ASK ABOUT THIS PROPERTY

David da CunhaProperty OneMore Info
504-681-3409

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David da CunhaProperty OneMore Info
504-681-3409

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.