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4201 Woodland Dr - Multi-Tenant Medical Facility 120,068 SF Health Care Building Offered at $8,600,000 in New Orleans, LA 70131
Investment Highlights
- Located minutes from downtown New Orleans and the French Quarter.
- Over 1,251 feet of frontage along General DeGaulle Drive with strong visibility.
- Existing infrastructure includes fire suppression system, on-site backup generator, and 96 surface parking spaces.
Executive Summary
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.
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.
Property Facts
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5-13-8-039-71 | Improvements Assessment | $1,045,560 |
| Land Assessment | $317,790 | Total Assessment | $1,363,350 |
Property Taxes
Parcel Number
5-13-8-039-71
Land Assessment
$317,790
Improvements Assessment
$1,045,560
Total Assessment
$1,363,350
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4201 Woodland Dr - Multi-Tenant Medical Facility
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