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    1028 W St Peter St New Iberia, LA 70560

    For Sale
    $40,000

    Land - New Iberia, LA

    Lot size:
    0.73 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 1028 W St Peter St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-5 & Com
    Lot size
    0.73 Acres

    Building Details

    Architectural style
    Other

    Dwight W. Andrus Real Estate (337) 989-1112 [email protected]

    Listing agent Claire Disch (337) 534-0900

    Listing date Oct 29, 2025

    MLS# 2500004068 Listing URL

    Copyright © 2025 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.

    Overview

    New Iberia Corner Lot

    This corner lot is located on W. Saint Peter and North Street in New Iberia, Louisiana. The lot size is just under 1 acre, measuring 160 x 200 feet, and currently features a billboard. There is an opportunity to purchase more land for future development or expansion. The property is located minutes from the First Solar Plant currently under development. This property features roughly two acres of land split by North Street. One piece of the land touches both W. Main St and St. Peter St. Located near the W. St. Peter St. branch of the public library, this property is in an up and coming area. First Solar, an American solar panel manufacturer, is building a large facility to employ fabricators. The area is expected to see exponential growth in the next few years. The zoning is R-5 & Com.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    New Iberia
    County
    Iberia
    State
    Louisiana
    Longitude
    -91.8695
    Latitude
    29.9366

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    FAQs

    What type of property is this?
    Land - Corner lot near future solar plant development.
    Where is this land located?
    The property is located at 1028 W St Peter St New Iberia, LA.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: - Prime development opportunity due to proximity to the First Solar Plant.; - Large corner lot (0.73 acres, 160 x 200 feet) on W. Saint Peter and North Street.; - Opportunity to purchase additional land for future development or expansion.
    (337) 534-0900
    Request Owner's contact information
    1028 W St Peter St New Iberia, LA 70560
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    New Iberia, LA 70560
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1028 W St Peter St New Iberia, LA 70560
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