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4201 Woodlands Dr - Multi-Tenant Medical Facility 120,068 SF Health Care Building Offered at $11,744,271 CAD in New Orleans, LA 70131

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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.

Property Facts

Price $11,744,271 CAD
Price Per Bed $67,110 CAD
Sale Type Investment
Property Type Health Care
Property Subtype
Rehabilitation Center
  • Healthcare Assisted Living
  • Healthcare Hospital
Building Class C
Lot Size 8.10 AC
Building Size 120,068 SF
No. Beds 175
No. Stories 6
Year Built/Renovated 1973/2007
Parking Ratio 0.8/1,000 SF
Zoning EC - EC – Commercial Center, Institutional Campus District

Property Taxes

Property Taxes

Parcel Number
5-13-8-039-71
Land Assessment
$433,504 CAD
Improvements Assessment
$1,426,269 CAD
Total Assessment
$1,859,773 CAD
  • Listing ID: 34973596

  • Date on Market: 2025-02-28

  • Last Updated:

  • Address: 4201 Woodlands Dr, New Orleans, LA 70131

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