Flex Building with Six Garage
1011 Twenty Arpent Road New Iberia, LA 70563
1011 Twenty Arpent Road, New Iberia, LA, 70563
$175,000
For Sale
$175,000
COMMERCIAL - New Iberia, LA
Property Size2,400 SF
Lot Size0.25 Acres
Price / SF$72.92
Days on Market464
Property Features for 1011 Twenty Arpent Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C1
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking features
- Garage, Off Street
- Exterior features
- Fully Fenced, OH Door 10 - 15 Ft, OH Door 16 - 20 Ft, Stabilized Yard Base, Storage Building
- Fencing
- Full
- Standard status
- Active
- APN
- 0504233490d
- Size
- 2,400 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Description
- BEING LOT 7, BLK K, LEMAIRE SUBDIVISION # 4 IMP (1011 TWENTY ARPENT RD) ITEM 2
Utilities
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete
- Roof type
- Metal
- Additional Structures
- Storage
Listing Agency
EXP Realty, LLC
(337) 522-7554
1318 Camellia Blvd. Suite 222, Lafayette, LA
Listed by
Lonnie L Trimble · License #0995684940
(337) 277-5185
Added: Apr 10, 2025 Checked: Jul 17 at 7:06 pm
MLS# 2020022762
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 40' x 60' commercial flex building offers a practical service-oriented layout with six garage doors, a dedicated office space, and a half bath. The property is fully fenced, creating a defined area suited for equipment, vehicle access, and operational parking.
The building is located at 1011 Twenty Arpent Road on a corner lot in New Iberia, Louisiana. It is zoned C1, providing flexibility for a range of neighborhood-oriented commercial uses.
With multiple garage doors and on-site office space, the property can fit automotive repair and other service businesses that benefit from direct drive-in access and a secured work area. The fenced configuration also supports self-storage or similar operations that require controlled access and room for vehicles, tools, and day-to-day workflow. Existing site and building features make it straightforward to accommodate hands-on, equipment-focused tenants seeking an adaptable facility.
The building is located at 1011 Twenty Arpent Road on a corner lot in New Iberia, Louisiana. It is zoned C1, providing flexibility for a range of neighborhood-oriented commercial uses.
With multiple garage doors and on-site office space, the property can fit automotive repair and other service businesses that benefit from direct drive-in access and a secured work area. The fenced configuration also supports self-storage or similar operations that require controlled access and room for vehicles, tools, and day-to-day workflow. Existing site and building features make it straightforward to accommodate hands-on, equipment-focused tenants seeking an adaptable facility.
Key Highlights
- High‑visibility corner lot location in New Iberia
- Versatile 40' x 60' commercial building
- Six garage doors for easy access and operations
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.7k | $7.78 |
| − Vacancy | −$859 | −$0.36 |
| EGI | $17.8k | $7.42 |
| − OpEx | −$5.3k | −$2.23 |
| NOI | $12.5k | $5.20 |
2,400 SF · lease $7.78/SF/yr · vacancy 4.60% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$323.1K
$282.8K – $377.0K
NOI $22,620 @ 7.0% cap · market cap 12.93%
Second Best
Office B
$288.8K
$252.7K – $337.0K
NOI $20,218 @ 7.0% cap · market cap 11.55%
Theoretical Best
Office A
$396.9K
$347.3K – $463.1K
NOI $27,786 @ 7.0% cap · market cap 15.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
LA Elite Auto
Car Wash
Similar For Sale Nearby
Similar Off Market Nearby
- LOUISIANA CAJUN PITMASTERS — 913 Inez Ave, New Iberia, LA 70560
- Firehouse subs — 901 S Lewis St, New Iberia, LA 70560
FAQs
What type of property is this?
Flex space - 40' x 60' fenced corner lot flex building with six garage doors, office, and half bath for service uses.
Where is this flex space located?
The property is located at 1011 Twenty Arpent Road New Iberia, LA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: High‑visibility corner lot location in New Iberia; Versatile 40' x 60' commercial building; Six garage doors for easy access and operations
