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    4217 S Lewis St New Iberia, LA 70560

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    For Sale
    $690,000

    Single tenant investment property with recognized tenant in New Iberia.

    Property size:
    17,500 SF

    Property Features for 4217 S Lewis St

    General Information

    Size
    17,500 SF

    Building Details

    Year built
    1996

    Source: James Barse, CCIM, SIOR Agent James Barse, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Iberia Net Leased Investment

    This single tenant net leased investment property is located in New Iberia, Louisiana. The total area is approximately 17,500 square feet, including 5,000 square feet of office space and 12,500 square feet of warehouse space, situated on a site of approximately 1.48 acres. The property is leased to GHX Industrial, LLC, a highly recognized tenant, with three years remaining on the lease, expiring on June 30, 2024. The annual rents total $73,440. The tenant is responsible for CAM, taxes, and insurance, while the landlord is responsible for structural improvements, including the roof, foundation, slab, and exterior walls. The property is located in an appealing and generally stable trade area supported by the Port of Iberia. Its location provides easy access to Highway 90, Weeks Island Road, and LA Highway 14, and is well situated in relation to the Port and the city’s main retail district along Admiral Doyle Drive.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    XPOWER Industrial Equipment Supplier

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Wholesale Shop Clothing Store Auto Parts Store Department Store Storage Facility Plumbing Service Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    AAA Self Storage, Ez Self Storage, Fremin Store & Lock, Jefferson Terrace Self Storage, LLC, Steaux-N-Geaux - New Iberia

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia
    State
    Louisiana
    Longitude
    -91.835828
    Latitude
    29.950733

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    FAQs

    What type of property is this?
    Warehouse - Single tenant investment property with recognized tenant in New Iberia.
    Where is this warehouse located?
    The property is located at 4217 S Lewis St New Iberia, LA.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: - Single Tenant Net Leased Investment provides passive income.; - **Highly Recognized Tenant: GHX Industrial, LLC.**; - Annual Rents Totaling $73,440.
    (504) 439-9376
    Request Owner's contact information
    4217 S Lewis St New Iberia, LA 70560
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    New Iberia, LA 70560
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    Realmo Value Estimation

    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.

    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.

    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
    4217 S Lewis St New Iberia, LA 70560
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