Retail Space with On-Site
For Sale
$398,000
1020 E Dale Street, New Iberia, LA 70560
Central air conditioning and a dedicated parking lot support everyday retail operations.
Property Size3,100 SF
Days on Market137
Property Features for 1020 E Dale Street
General Information
Standard status
Active
Size
3,100 SF
Taxes and HOA fees
Annual Taxes
$5,000
Amenities
Lounge
Central Air
Central
On Site, Parking Lot
Building Details
Building Size
3,100 SF
Stories
1
Listing Agency:
Coldwell Banker Trahan Real Estate Group
Listed By:
Tanna Crifasi · License #0995701894
(337) 322-4814
Source:
Evrealestate
Added: Jun 15
Changed: Oct 27
Last Checked: Oct 28 at 7:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Trahan Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space at 1020 E Dale Street includes central air conditioning and a parking lot on site.
The property is in New Iberia, Iberia Parish. Access is described from Hwy 90 via exit 115 B to LA-182, followed by local streets to E Dale Street.
The property is in New Iberia, Iberia Parish. Access is described from Hwy 90 via exit 115 B to LA-182, followed by local streets to E Dale Street.
Key Highlights
- On‑site parking lot
- Central air conditioning
- Access via Hwy 90, exit 115 B, and LA‑182
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,946
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,920
$498.9K
Cap Rate 7%
$356,371
$356.4K
Cap Rate 9%
$277,178
$277.2K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$37.2K $12.00/SF
− Vacancy
−$1.6K −$0.50/SF
EGI
$35.6K $11.50/SF
− OpEx
−$10.7K −$3.45/SF
NOI
$24.9K $8.05/SF
Area
Iberia County, LA
Vacancy
4.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,920
Cap Rate 7%
$356,371
Cap Rate 9%
$277,178
Alternative Uses
Best Use
Retail
$356.4K
$311.8K – $415.8K
NOI $24,946 @ 7.0% cap · market cap 6.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$512.7K
$448.6K – $598.2K
NOI $35,891 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
758
Businesses Nearby
452k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Superstores 19%
Groceries 19%
Apparel 15%
Walmart
Superstores
87,974 visits/mo
0.1 miles
Rouses Market
Groceries
40,468 visits/mo
0.5 miles
Super 1 Foods & Pharmacy
Groceries
38,436 visits/mo
0.1 miles
T.J. Maxx
Apparel
31,718 visits/mo
0.4 miles
Five Below
Shops & Services
31,392 visits/mo
0.4 miles
Demographics for 70560, LA
39,457
Population
16,970
Households
2.3
Avg Household Size
38
Median Age
11%
College-Educated
80%
High-School Grad
176.1 sq mi
ZIP Area
224
Density / Sq Mi
$48,296
Median Household Income
$31,864
Median Earnings
$886
Median Rent
$126,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Central air conditioning and a dedicated parking lot support everyday retail operations.
Where is this retail space located?
The property is located at 1020 E Dale Street New Iberia, LA.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: On‑site parking lot; Central air conditioning; Access via Hwy 90, exit 115 B, and LA‑182
