Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    90 Frontage Rd New Iberia, LA 70560

    Sponsored
    For Sale
    $499,000

    Land - New Iberia, LA

    Lot size:
    8.65 Acres
    Days on Market:
    12
    Last Refresh:
    Jan 24 at 9:06 pm

    Property Features for 90 Frontage Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Open Ditches
    Lot size
    8.65 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Renee Comeaux

    eXp Realty, LLC (337) 522-7554

    Listing agent Renee Comeaux (337) 522-7554

    Listing date Jan 13, 2026

    MLS# 2500006985 Listing URL

    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

    Unzoned Land with Highway Frontage

    This 8.65-acre property, located in New Iberia, Louisiana, features high visibility on the frontage roads of E Hwy 90 and La Hwy 329, also known as Avery Island Rd. The unzoned land is set back from a separately owned corner point, which is excluded from the property. The location offers dual accesses and excellent visibility from the bustling Hwy 90, making it suitable for numerous uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

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

    Nearby Similar for Sale

    • $480,000
      6,310 SF

      Established Business in High-Traffic Location

      Thriving business opportunity with excellent visibility and loyal customer base.
      1312 W Admiral Doyle Dr, New Iberia, LA 70560
      View Details
    • $399,000
      4,121 SF

      Downtown New Iberia Office Building

      Income-producing office building in historic downtown New Iberia, Louisiana.
      134 E Main St, New Iberia, LA 70560
      View Details
    • $399,000
      5,315 SF

      Waterfront Mixed-Use Property on Spanish Lake

      Unique waterfront property suitable for residential or commercial use.
      4300 W Old Spanish Trl, New Iberia, LA 70560
      View Details
    • $199,000
      4,500 SF

      New Iberia Multifamily Opportunity

      Multifamily property with potential for renovation and redevelopment in New Iberia.
      1125-1127 Jane St, New Iberia, LA 70560
      View Details
    • $195,000
      1,200 SF

      Former Doctor's Office For Sale

      ADA-compliant office in Loreauville with expansion potential.
      1302 Ed Broussard Rd, New Iberia, LA 70563
      View Details
    • $250,000
      2,450 SF

      New Iberia Multifamily Investment Property

      Cash-flowing, turnkey investment property with two spacious, updated units.
      1534 S Patout St, New Iberia, LA 70560
      View Details
    • $335,000
      5,196 SF

      Renovated Historic Downtown Office Building

      Beautifully renovated historic office building in downtown New Iberia.
      103 E Main St, New Iberia, LA 70560
      View Details
    • $415,000
      4,018 SF

      Remodeled Commercial Building in Downtown

      Income-generating, remodeled commercial property in a historical downtown building.
      145 W Main St, New Iberia, LA 70560
      View Details
    • $220,000
      0.50 Acres

      Retail Property in New Iberia

      Retail property with commercial kitchen and convenience store.
      1106 Trotter St, New Iberia, LA 70563
      View Details
    • $670,000
      5,712 SF

      Turnkey 12-Plex in Opportunity Zone

      Fully renovated 12-unit complex in New Iberia, Louisiana.
      314 Deare St, New Iberia, LA 70560
      View Details
    • New
      $560,000
      6,200 SF

      Versatile Commercial Building in New Iberia

      6200 SF commercial building suitable for various business types.
      521 N Lewis St, New Iberia, LA 70563
      View Details
    • $192,000
      7,150 SF

      Versatile Commercial Property in New Iberia

      Adaptable commercial space suitable for various business ventures.
      315 Weeks St, New Iberia, LA 70560
      View Details

    FAQs

    What type of property is this?
    Commercial land - 8.65 acres of unzoned land with high highway visibility.
    Where is this commercial land located?
    The property is located at 90 Frontage Rd New Iberia, LA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - High visibility on frontage roads of E Hwy 90 & La Hwy 329; - Un-zoned property; - Dual accesses to property
    (337) 522-7554
    Request Owner's contact information
    90 Frontage Rd New Iberia, LA 70560
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    90 Frontage Rd
    New Iberia, LA 70560
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    90 Frontage Rd New Iberia, LA 70560
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Renee Comeaux
    Real Estate License ID: 48786
    (337) 522-7554
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.