Auto Repair Shop with Paint
1424 Adrian Street, New Iberia, LA 70560
For Sale
New
$600,000
Commercial Sale, New Iberia, LA
Property Size7,100 SF
Lot Size0.43 Acres
Price / SF$84.51
Days on Market3
Property Features for 1424 Adrian Street
General Information
Property type
Property subtype
Zoning
Parking features
Fencing
Lot features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Business Included
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Cooling system
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
HUNCO Real Estate
(337) 889-5711
Listed By:
Lacie Luke · License #0995697839
(337) 349-4344
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 6 at 6:06PM
MLS# 200MYE
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.
The 7,100-square-foot auto shop sits on 0.43 acres and was built in 1981. Its equipment package includes a vehicle lift with a suppression system, an engine puller, multiple frame machines, car jacks, and several welding machines, including one configured for aluminum, steel, and brass work. Two paint booths are included: a JBI down-draft booth and a Uni Cure heated booth. The building has metal siding and roofing, wall-unit cooling, and three-phase electrical service.
The property is at 1424 Adrian Street in New Iberia. Public water and sewer serve the site. Parking includes a gated lot and covered spaces, with privacy and chain-link fencing.
The property is at 1424 Adrian Street in New Iberia. Public water and sewer serve the site. Parking includes a gated lot and covered spaces, with privacy and chain-link fencing.
Key Highlights
- 7,100‑square‑foot shop on 0.43 acres
- Vehicle lift equipped with a suppression system
- Includes multiple frame machines, car jacks, an engine puller, and welding equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,888
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$737,760
$737.8K
Cap Rate 7%
$526,971
$527.0K
Cap Rate 9%
$409,867
$409.9K
Market Conditions
NOI Build-Up for 7,100 SF
Gross rent
$55.2K $7.78/SF
− Vacancy
−$2.5K −$0.36/SF
EGI
$52.7K $7.42/SF
− OpEx
−$15.8K −$2.23/SF
NOI
$36.9K $5.20/SF
Area
Iberia County, LA
Vacancy
4.60%
Lease Rate
$7.78 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$737,760
Cap Rate 7%
$526,971
Cap Rate 9%
$409,867
Alternative Uses
Best Use
Retail
$816.2K
$714.2K – $952.3K
NOI $57,135 @ 7.0% cap · market cap 9.52%
Second Best
Industrial
$527.0K
$461.1K – $614.8K
NOI $36,888 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,201 @ 7.0% cap · market cap 13.70%
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
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
411
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Beauty & Spa 61%
Shops & Services 39%
Merle Norman Cosmetic Studio
Beauty & Spa
1,359 visits/mo
0.4 miles
Pantry
Shops & Services
853 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Hi Tech Automotive — 630 Bayard St, New Iberia, LA 70560
- Walmart Auto Care Centers — 1205 E Admiral Doyle Dr, New Iberia, LA 70560
- S & E Collision Repair LLC — 1424 Adrian St, New Iberia, LA 70560
- Duraturn Tires — 829 S Lewis St, New Iberia, LA 70560
- Rim Pros II of New Iberia — 815 S Lewis St, New Iberia, LA 70560
Frequently Asked Questions
What type of property is this?
Auto shop - Commercially zoned facility comes with shop equipment, three-phase electrical service, and gated parking.
Where is this auto shop located?
The property is located at 1424 Adrian Street New Iberia, LA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 7,100‑square‑foot shop on 0.43 acres; Vehicle lift equipped with a suppression system; Includes multiple frame machines, car jacks, an engine puller, and welding equipment
