Retail/Office
For Sale
$418,000
1020 E Dale St, New Iberia, LA 70560
Well-maintained building with an expansive sales floor, private offices, workspace, storage, a breakroom, and two restrooms.
Property Size3,100 SF
Price / SF$134.84
Days on Market46
Property Features for 1020 E Dale St
General Information
Standard status
Active
Size
3,100 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Coldwell Banker Trahan Real Estate Group
(337) 322-4814
Listed By:
Tanna Crifasi · License #0995701894
(337) 322-4814
Source:
Exprealty
Added: Jun 15
Changed: Jul 22
Last Checked: Jul 29 at 12:19PM
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
Investment Insights
Based on property information with market context.
Well-maintained retail/professional office building formerly operated as Armentor Jewelers. The interior includes an expansive sales floor along with private offices, additional workspace areas, storage, a breakroom, and two restrooms. The layout is designed with a separation between customer-facing and operational areas.
The property is positioned in an established commercial corridor with convenient access to Lewis Street, Admiral Doyle Drive, and Hwy 90. Nearby businesses include Regions Bank, First Horizon Bank, Iberia Medical Center, Walmart Supercenter, Ross Dress for Less, and Ollie’s Bargain Outlet.
A flexible configuration supports an owner-user or investor looking to adapt the building for retail or professional office use, including financial services, medical, legal, insurance, or other professional office users.
The property is positioned in an established commercial corridor with convenient access to Lewis Street, Admiral Doyle Drive, and Hwy 90. Nearby businesses include Regions Bank, First Horizon Bank, Iberia Medical Center, Walmart Supercenter, Ross Dress for Less, and Ollie’s Bargain Outlet.
A flexible configuration supports an owner-user or investor looking to adapt the building for retail or professional office use, including financial services, medical, legal, insurance, or other professional office users.
Key Highlights
- Well‑maintained retail/professional office building formerly operated as Armentor Jewelers
- Expansive sales floor plus private offices and additional workspace areas
- Includes storage, breakroom, and two restrooms
Financial Insights For Office B
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 | $44.6k | $14.40 |
| − Vacancy | −$9.8k | −$3.17 |
| EGI | $34.8k | $11.23 |
| − OpEx | −$8.7k | −$2.81 |
| NOI | $26.1k | $8.42 |
3,100 SF · lease $14.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$373.1K
$326.4K – $435.2K
NOI $26,114 @ 7.0% cap · market cap 6.25%
Second Best
Retail
$356.4K
$311.8K – $415.8K
NOI $24,946 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$512.7K
$448.6K – $598.2K
NOI $35,891 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
785
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained building with an expansive sales floor, private offices, workspace, storage, a breakroom, and two restrooms.
Where is this office building located?
The property is located at 1020 E Dale St New Iberia, LA.
What is the asking price?
The asking price for this property is $418,000.
What are key features of this property?
This property features: Well‑maintained retail/professional office building formerly operated as Armentor Jewelers; Expansive sales floor plus private offices and additional workspace areas; Includes storage, breakroom, and two restrooms
