The subject property is a three-story, elevator serviced, fully sprinkled, class B building constructed circa 1912. The improvements are located in New Orleans’ CBD at the northeast intersection of Lafayette Street and O’Keefe Avenue. The building measured approximately 100 feet along O’Keefe Avenue and 90 feet along Lafayette Street for a total estimate of 27,000 square feet. The building is in average shell condition with working utilities, a functioning freight elevator, and at least some working HVAC. There is minimal office space on the 2nd and 3rd floors that is believed to be noncontributory. The building is in average overall condition. The improvements consist of 27,000 square feet of net rentable area (NRA) as of the valuation date. The property was reportedly built circa 1912 and is currently partially owner occupied
