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Residential Land in Oak Place
For Sale
$57,900

5 Oak Place lot 5, New Iberia, LA 70563

LAND - New Iberia, LA

Property SizeContact for details
Lot Size0.56 Acres
Days on Market408

Property Features for 5 Oak Place lot 5

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision Oak Place
Lot features Sloping, Curb Cuts, Finish Grading, Lot Staked
Elementary school Belle Place
Middle school Belle Place
High school New Iberia
Elementary school district Iberia Parish
Middle school district Iberia Parish
High school district Iberia Parish
Directions From North Lewis St turn onto Old Jeanerette Rd. Turn into the main entrance of Oak Place Subdivision. Lot will be on the left.
Standard status Active
APN 0401950000
Lot size 0.56 Acres

Taxes and HOA fees

Tax Description BEING LOT 5, OAK PLACE SUB., PHASE 1
HOA Fee $150 Annually
Legal Description BEING LOT 5, OAK PLACE SUB., PHASE 1

Utilities

Utilities Water Available
Listing Agency: McGeeScott Realty
Listed By: Andree Schlicher · License #0995687644
Added: Jul 30, 2025 Changed: Aug 1 Last Checked: Sep 10 at 9:06PM
MLS# 2500001881

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 residential land is located in the Oak Place Subdivision. The property offers just over half an acre for building a custom residence. The location is near shopping, dining, City Park, Parkview Library, and Iberia Medical Center. The surrounding neighborhood is well-established and features stately homes.

Key Highlights

  • Last remaining lot in the prestigious Oak Place Subdivision.
  • Prime location in a serene, well‑established neighborhood.
  • Over half an acre parcel.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby

Demographics for 70563, LA

19,145
Population
8,663
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
90%
High-School Grad
62.7 sq mi
ZIP Area
305
Density / Sq Mi
$73,555
Median Household Income
$47,011
Median Earnings
$975
Median Rent
$190,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Land - Residential land for sale in a sought-after New Iberia neighborhood.
Where is this land located?
The property is located at 5 Oak Place lot 5 New Iberia, LA.
What is the asking price?
The asking price for this property is $57,900.
What are key features of this property?
This property features: Last remaining lot in the prestigious Oak Place Subdivision.; Prime location in a serene, well‑established neighborhood.; Over half an acre parcel.
More about this property
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