Two-Story Mixed-Use
119 NW Bypass, New Iberia, LA 70560
For Sale
New
$255,000
Commercial Sale, New Iberia, LA
Property Size2,550 SF
Lot Size0.40 Acres
Price / SF$100
Days on Market3
Property Features for 119 NW Bypass
General Information
Property type
Property subtype
Zoning
Parking features
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
two restrooms
central air conditioning
covered entrance
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Coldwell Banker Trahan Real Estate Group
(337) 993-1414
Listed By:
Tanna Crifasi · License LA #0995701894
(337) 322-4814
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 14 at 3:06AM
MLS# 200UWL
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 2,550-square-foot, two-level commercial property has a professional office layout, 450 square feet of warehouse and storage area, and two restrooms. Central air conditioning serves the building. The 0.4-acre site includes paved off-street parking; the building was constructed in 2017 and is zoned I-1.
The property is on NW Bypass in New Iberia, with access to Acadiana Regional Airport and the First Solar manufacturing facility. Water is available, the water source is public, and the property uses a septic system.
The property is on NW Bypass in New Iberia, with access to Acadiana Regional Airport and the First Solar manufacturing facility. Water is available, the water source is public, and the property uses a septic system.
Key Highlights
- 2,550‑square‑foot building with a two‑story layout
- Includes 450 square feet of warehouse and storage space
- 0.4‑acre site with paved off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,481
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,620
$429.6K
Cap Rate 7%
$306,871
$306.9K
Cap Rate 9%
$238,678
$238.7K
Market Conditions
NOI Build-Up for 2,550 SF
Gross rent
$36.7K $14.40/SF
− Vacancy
−$8.1K −$3.17/SF
EGI
$28.6K $11.23/SF
− OpEx
−$7.2K −$2.81/SF
NOI
$21.5K $8.42/SF
Area
Iberia County, LA
Vacancy
22.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,620
Cap Rate 7%
$306,871
Cap Rate 9%
$238,678
Alternative Uses
Best Use
Mixed Use
$377.0K
$329.9K – $439.9K
NOI $26,393 @ 7.0% cap · market cap 10.35%
Second Best
Office B
$306.9K
$268.5K – $358.0K
NOI $21,481 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$421.8K
$369.0K – $492.1K
NOI $29,523 @ 7.0% cap · market cap 11.58%
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
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
40
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
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office space and dedicated storage support a range of commercial operations.
Where is this mixed-use property located?
The property is located at 119 NW Bypass New Iberia, LA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 2,550‑square‑foot building with a two‑story layout; Includes 450 square feet of warehouse and storage space; 0.4‑acre site with paved off‑street parking
