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Industrial Flex Buildings with Lab Space
For Sale
$864,000

718 Hangar Dr, New Iberia, LA 70560

Industrial flex property with two buildings, fenced yard, covered process/storage area, and multiple grade-level loading doors.

Property Size19,200 SF
Lot Size2.75 Acres
Price / SF$45
Days on Market125

Property Features for 718 Hangar Dr

General Information

Standard status Active
Size 19,200 SF
Total Parking Spaces 50
Lot size 2.75 Acres
Property subtype Industrial

Site & Location

Road Access Yes
Fenced Yard Yes
Utilities to Site Yes

Warehouse & Industrial

Clear Height 16 ft
Drive-In Doors 7
Heavy Power Yes

Building Details

Building Size 19,200 SF
Year Built 1985
Listed By: Clinton Shepard, SIOR, CCIM
Source: Lee-associates
Added: May 7 Changed: Aug 15 Last Checked: Sep 8 at 4:37AM

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 Clinton Shepard, SIOR, CCIM

Investment Insights

Based on property information with market context.

The property at 718 Hangar Drive consists of two industrial buildings totaling 19,200 square feet of industrial flex space. Improvements include a functional mix of office, conference, warehouse, and laboratory space, supported by a fenced yard area and covered exterior process/storage area.

Loading and site amenities include seven grade-level doors with two doors measuring 16' x 14' and five doors measuring 12' x 14'. Power is described as 3-phase with 120/240V service, and the property is served by electric, natural gas, water, and sewer utilities.

Parking is approximately 50 spaces, and the site provides dual access points from Hangar Drive. Eave height is listed at 16 feet, supporting a range of industrial and specialty operational needs within the flex configuration.

Key Highlights

  • Two industrial buildings totaling 19,200 SF on 2.75 acres (Year built: 1985)
  • Industrial flex layout with office, conference, warehouse, and laboratory space
  • Seven grade‑level loading doors: (2) 16' x 14' and (5) 12' x 14'

Property Analytics

Current Use

Verdant Energy Solutions Factory

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Food Market Daycare Center Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
7
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby
Well-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex property with two buildings, fenced yard, covered process/storage area, and multiple grade-level loading doors.
Where is this flex space located?
The property is located at 718 Hangar Dr New Iberia, LA.
What is the asking price?
The asking price for this property is $864,000.
What are key features of this property?
This property features: Two industrial buildings totaling 19,200 SF on 2.75 acres (Year built: 1985); Industrial flex layout with office, conference, warehouse, and laboratory space; Seven grade‑level loading doors: (2) 16' x 14' and (5) 12' x 14'
More about this property
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