Mixed-Use Commercial
For Sale
$398,000
1020 E Dale Street, New Iberia, LA 70560
Commercial Sale, New Iberia, LA
Property Size3,100 SF
Lot Size0.75 Acres
Price / SF$128.39
Days on Market137
Property Features for 1020 E Dale Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
-
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Parking Lot
Lot features
Level
Directions
Take Hwy 90 towards New Iberia then exit 115 B toward LA-182/St Martinville. Continue onto LA-182 S/Old Spanish Trail and then turn right onto S Lewis St. Turn left onto E Dale St and your destination will be on the right.
Subdivision
I2
Standard status
Active
APN
0504958500a
Size
3,100 SF
Lot size
0.75 Acres
Additional Details
Property Use
Retail/Professional Office
Taxes and HOA fees
Tax Description
0.751 AC... ITEM #1 DALE ST, LOT 8, WELDON ST, NI JAYCEES BEING PART OF BLK 9 OF PLAT ACQ: SUTTONS STEEL & SUPPLY, INC, ETAL - 2003 (1263-713) IMP (ARMENTOR'S JEWELERS - 1020 E DALE ST) ITEM #2 LAND COMM SITE DEVELOPMENT ITEM #3
Tax Annual Amount
5000
Legal Description
0.751 AC... ITEM #1 DALE ST, LOT 8, WELDON ST, NI JAYCEES BEING PART OF BLK 9 OF PLAT ACQ: SUTTONS STEEL & SUPPLY, INC, ETAL - 2003 (1263-713) IMP (ARMENTOR'S JEWELERS - 1020 E DALE ST) ITEM #2 LAND COMM SITE DEVELOPMENT ITEM #3
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
expansive sales floor
private offices
workspace areas
storage
breakroom
two restrooms
Building Details
Floors in Building
1
Flooring type
Concrete, Vinyl, Tile
Building materials
Brick
Roof type
Composition
Buildings
1
Listing Agency:
Coldwell Banker Trahan Real Estate Group
(337) 993-1414
Listed By:
Tanna Crifasi · License #0995701894
(337) 322-4814
Added: Jun 15
Changed: Oct 28
Last Checked: Oct 29 at 6:06AM
MLS# 2600005355
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This brick commercial building contains 3,100 square feet on a 0.75-acre parcel. Its interior combines a large customer sales area with private offices, workspaces, storage, a breakroom, and two restrooms. Concrete, vinyl, and tile flooring are present, with central heating and central air conditioning. A parking lot serves the property, and public water and sewer are available.
The property is at 1020 E Dale Street in New Iberia, with access to Lewis Street, Admiral Doyle Drive, and Hwy 90. Nearby businesses and institutions include Regions Bank, First Horizon Bank, Iberia Medical Center, Walmart Supercenter, Ross Dress for Less, and Ollie's Bargain Outlet.
The property is at 1020 E Dale Street in New Iberia, with access to Lewis Street, Admiral Doyle Drive, and Hwy 90. Nearby businesses and institutions include Regions Bank, First Horizon Bank, Iberia Medical Center, Walmart Supercenter, Ross Dress for Less, and Ollie's Bargain Outlet.
Key Highlights
- 3,100‑square‑foot building on a 0.75‑acre parcel
- Sales area, private offices, workspaces, storage, and breakroom
- Two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,085
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,700
$641.7K
Cap Rate 7%
$458,357
$458.4K
Cap Rate 9%
$356,500
$356.5K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$55.8K $18.00/SF
− Vacancy
−$4.5K −$1.44/SF
EGI
$51.3K $16.56/SF
− OpEx
−$19.3K −$6.21/SF
NOI
$32.1K $10.35/SF
Area
Iberia County, LA
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$641,700
Cap Rate 7%
$458,357
Cap Rate 9%
$356,500
Alternative Uses
Best Use
Mixed Use
$458.4K
$401.1K – $534.8K
NOI $32,085 @ 7.0% cap · market cap 8.06%
Second Best
Office B
$373.1K
$326.4K – $435.2K
NOI $26,114 @ 7.0% cap · market cap 6.56%
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
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
758
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Customer-facing retail space is separated from private offices, work areas, and storage.
Where is this mixed-use property 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: 3,100‑square‑foot building on a 0.75‑acre parcel; Sales area, private offices, workspaces, storage, and breakroom; Two restrooms
