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Flex Building with Six Garage Doors

1011 Twenty Arpent Road New Iberia, LA 70563

1011 Twenty Arpent Road, New Iberia, LA, 70563
$175,000
For Sale
Claim this Listing
$175,000

COMMERCIAL - New Iberia, LA

Property Size2,400 SF
Lot Size0.25 Acres
Price / SF$72.92
AddedApr 10, 2025
Days on Market461
Last RefreshJul 14 at 5:06 pm

Property Features for 1011 Twenty Arpent Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Bathrooms
1
Rooms
Bathroom 1
Parking features
Garage, Off Street
Exterior features
Fully Fenced, OH Door 10 - 15 Ft, OH Door 16 - 20 Ft, Stabilized Yard Base, Storage Building
Fencing
Full
Standard status
Active
APN
0504233490d
Size
2,400 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Description
BEING LOT 7, BLK K, LEMAIRE SUBDIVISION # 4 IMP (1011 TWENTY ARPENT RD) ITEM 2

Utilities

Water source
Public

Building Details

Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Additional Structures
Storage

Listing agent Lonnie L Trimble License #0995684940

Listing office EXP Realty, LLC 1318 Camellia Blvd. Suite 222, Lafayette, LA

Listing date Apr 10, 2025

MLS# 2020022762

Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 40' x 60' commercial flex building offers a practical service-oriented layout with six garage doors, a dedicated office space, and a half bath. The property is fully fenced, creating a defined area suited for equipment, vehicle access, and operational parking.

The building is located at 1011 Twenty Arpent Road on a corner lot in New Iberia, Louisiana. It is zoned C1, providing flexibility for a range of neighborhood-oriented commercial uses.

With multiple garage doors and on-site office space, the property can fit automotive repair and other service businesses that benefit from direct drive-in access and a secured work area. The fenced configuration also supports self-storage or similar operations that require controlled access and room for vehicles, tools, and day-to-day workflow. Existing site and building features make it straightforward to accommodate hands-on, equipment-focused tenants seeking an adaptable facility.

Key Highlights

  • High‑visibility corner lot location in New Iberia
  • Versatile 40' x 60' commercial building
  • Six garage doors for easy access and operations

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $18.7k $7.78
− Vacancy −$859 −$0.36
EGI $17.8k $7.42
− OpEx −$5.3k −$2.23
NOI $12.5k $5.20
2,400 SF · lease $7.78/SF/yr · vacancy 4.60% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$323.1K
$282.8K – $377.0K (±1% cap)
NOI $22,620 @ 7.0% cap · market cap 12.93%
Second Best
Office B
$288.8K
$252.7K – $337.0K (±1% cap)
NOI $20,218 @ 7.0% cap · market cap 11.55%
Theoretical Best
Office A
$396.9K
$347.3K – $463.1K (±1% cap)
NOI $27,786 @ 7.0% cap · market cap 15.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

LA Elite Auto Car Wash

Suggested Use

Real Estate Agency Carpet & Flooring Store Locksmith Veterinary Clinic Pet Grooming Service Florist (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • LOUISIANA CAJUN PITMASTERS — 913 Inez Ave, New Iberia, LA 70560
  • Firehouse subs — 901 S Lewis St, New Iberia, LA 70560

FAQs

What type of property is this?
Flex space - 40' x 60' fenced corner lot flex building with six garage doors, office, and half bath for service uses.
Where is this flex space located?
The property is located at 1011 Twenty Arpent Road New Iberia, LA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: High‑visibility corner lot location in New Iberia; Versatile 40' x 60' commercial building; Six garage doors for easy access and operations
Contact an agent
More about this property
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