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    3615 Kingston Rd New Iberia, LA 70560

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    COMMERCIAL - New Iberia, LA

    Property size:
    18,700 SF
    Lot size:
    15.20 Acres
    Days on Market:
    32
    Last Refresh:
    Mar 28 at 11:06 pm

    Property Features for 3615 Kingston Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CH
    APN
    0203239153
    Exterior features
    OH Door 16 - 20 Ft, Partially Fenced, Storage Building
    Fencing
    Partial
    Size
    18,700 SF
    Lot size
    15.20 Acres

    Utilities

    Sewer type
    Private Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Barton Broussard

    The Gleason Group

    Listing agent Barton Broussard License #52896

    Listing date Feb 24, 2026

    MLS# 2600000817

    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.

    Learn more

    Property Insight Report

    Overview

    Industrial Property Near Port of Iberia

    This industrial property, located near the Port of Iberia and Highway 90, offers an opportunity near port infrastructure. Situated in Flood Zone X, the entire tract consists of approximately 15.2 acres, with approximately 6.5 acres currently available due to a ground lease on the southern portion. The available area is partially fenced and partially stabilized. It includes a 7,500 square foot open warehouse featuring a 25-foot eave height and a 30-foot clear height, equipped with two 16-foot by 16-foot swing doors and one 16-foot by 16-foot automatic overhead door. The front building measures approximately 6,500 square feet, consisting of approximately 4,500 square feet of office space and approximately 2,000 square feet of enclosed parking or storage with eight roll-up doors. The office layout includes nine offices, one conference room, a full kitchen, and two restrooms, and requires substantial renovation. Additional metal buildings measure approximately 3,200 square feet and 1,500 square feet. Previously operated as a sandblasting facility, the property is suited for a variety of industrial uses. Power can be upgraded back to 3-phase. Natural gas is currently connected to the office building, with an additional line required to service the main warehouse. All buildings require repairs ranging from minor metal siding replacement to full office renovation. The landlord is willing to negotiate lease terms and rental rate based on tenant needs, lease term, and scope of responsibilities under a NNN Lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Xtreme Industries LLC Renovation Specialist Extreme Industries LLC Renovation Specialist

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Department Store Furniture & Home Goods

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

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia
    State
    Louisiana
    Longitude
    -91.814676
    Latitude
    29.946974

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    FAQs

    What type of property is this?
    Warehouse - Industrial property near Port of Iberia with multiple buildings.
    Where is this warehouse located?
    The property is located at 3615 Kingston Rd New Iberia, LA.
    What are key features of this property?
    This property features: - Prime location near the Port of Iberia and Highway 90, offering excellent access to transportation infrastructure.; - Substantial industrial space available, including a +/-7,500 SF warehouse with high ceilings (25-foot eave, 30-foot clear height) and multiple large doors.; - Features a +/-6,500 SF front building with office space (4,500 SF) including nine offices, a conference room, a full kitchen, and restrooms, plus enclosed parking/storage (2,000 SF).
    (337) 380-9511
    Request Owner's contact information
    3615 Kingston Rd New Iberia, LA 70560
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    New Iberia, LA 70560
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3615 Kingston Rd New Iberia, LA 70560
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    We can help!
    Listing Contact
    Barton Broussard
    Real Estate License ID: 52896
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