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    5818 Freetown Rd New Iberia, LA 70560

    For Sale
    $255,500

    Land - New Iberia, LA

    Lot size:
    10.22 Acres
    Days on Market:
    151
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 5818 Freetown Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-1
    Exterior features
    Drive, Open Ditches
    Lot size
    10.22 Acres

    Building Details

    Architectural style
    Other

    Caffery Real Estate, Inc. (337) 519-8827 [email protected]

    Listing agent Michael Lamperez (337) 367-7708

    Listing date Jul 8, 2025

    MLS# 22005818 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 10.22 Acre Tract

    Located just off Hwy 90, this property features a 10.22 acre tract, identified as TRACT #4, with a small building situated at the front. The majority of the land is currently cultivated with sugar cane and has been laser leveled. The property is zoned I-1. Water is supplied by Coteau Water Works District #3. The small building requires rewiring before electricity can be reconnected, as there is currently no electricity to the building. The property includes all of parcel # 0100185990A and part of parcel #0100185990B.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Storage Facility HVAC Service Plumbing Service Tailor Shop Pet Supply Store Dry Cleaner

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

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia
    State
    Louisiana
    Longitude
    -91.914125
    Latitude
    30.038625

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    FAQs

    What type of property is this?
    Commercial land - 10.22 acre tract with small building near Hwy 90.
    Where is this commercial land located?
    The property is located at 5818 Freetown Rd New Iberia, LA.
    What is the asking price?
    The asking price for this property is $255,500.
    What are key features of this property?
    This property features: - 10.22 acre tract of land.; - Zoned I-1.; - Majority of tract is in cultivation (sugar cane) and laser leveled.
    (337) 367-7708
    Request Owner's contact information
    5818 Freetown Rd 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

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    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
    5818 Freetown Rd New Iberia, LA 70560
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