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Auto Shop with Parking Lot
For Sale
$135,000

1613 S Hopkins Street, New Iberia, LA 70560

Commercial Sale, New Iberia, LA

Property Size1,926 SF
Lot Size0.14 Acres
Price / SF$70.09
Days on Market34

Property Features for 1613 S Hopkins Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking features Parking Lot
Directions From Hwy 90, Exit 126 at Jefferson Island Road. Left onto LA-675/Jefferson Island Road. Continue straight 2.6 miles to Hopkins St. Cross over Admiral Doyle, past King's Seafood, Tire Shop will be on the right side.
Subdivision I2
Standard status Active
APN 0502935000
Size 1,926 SF
Lot size 0.14 Acres

Additional Details

Currently Operating Yes
Automotive Uses tire service

Taxes and HOA fees

Tax Description 1- 50 X 125 ITEM 2 HOPKINS ST, BREAUX, GACHASSIN, DARBY IMP (1613 HOPKINS ST) ITEM 1 LAND COMM SITE DEVELOPMENT ITEM 3 ACQ: APRIL KONGPHONGMANY - 2018 (1648-434)
Legal Description 1- 50 X 125 ITEM 2 HOPKINS ST, BREAUX, GACHASSIN, DARBY IMP (1613 HOPKINS ST) ITEM 1 LAND COMM SITE DEVELOPMENT ITEM 3 ACQ: APRIL KONGPHONGMANY - 2018 (1648-434)

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Building materials Metal Siding
Roof type Metal
Listing Agency: HUNCO Real Estate
Listed By: Shauna Stokes · License #995708916
Added: Sep 21 Changed: Oct 24 Last Checked: Oct 24 at 9:06PM
MLS# 2600008838

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 1,926-square-foot commercial property occupies a 0.14-acre parcel in New Iberia. The metal-sided building has a metal roof, central heating and air conditioning, and two bathrooms. It is currently operating as a tire shop, with a parking lot on site.

Commercial zoning, public water and sewer, and natural gas availability are among the property’s documented features. The site is at 1613 S Hopkins Street.

Key Highlights

  • 1,926‑square‑foot building on a 0.14‑acre parcel
  • Currently operating as a tire shop
  • Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,007
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,140 $200.1K
Cap Rate 7%
$142,957 $143.0K
Cap Rate 9%
$111,189 $111.2K
Market Conditions
NOI Build-Up for 1,926 SF
Gross rent
$15.0K $7.78/SF
− Vacancy
−$689 −$0.36/SF
EGI
$14.3K $7.42/SF
− OpEx
−$4.3K −$2.23/SF
NOI
$10.0K $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%
$200,140
Cap Rate 7%
$142,957
Cap Rate 9%
$111,189

Alternative Uses

Best Use
Retail
$221.4K
$193.7K – $258.3K (±1% cap)
NOI $15,499 @ 7.0% cap · market cap 11.48%
Second Best
Industrial
$143.0K
$125.1K – $166.8K (±1% cap)
NOI $10,007 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$318.5K
$278.7K – $371.6K (±1% cap)
NOI $22,298 @ 7.0% cap · market cap 16.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

K&K Used Tires ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Pharmacy Big Box & Wholesale Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby
16k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 95% Dining 5%
Mobil Shops & Services
9,071 visits/mo 0.1 miles
Dollar General Shops & Services
6,000 visits/mo 0.2 miles
Krispy Krunchy Chicken Dining
792 visits/mo 0.2 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • D&A tire shop — 209 E Admiral Doyle Dr, New Iberia, LA 70560
  • Superior Quik Change, LLC — 1407 Center St, New Iberia, LA 70560
  • Torque and Power — 1407 A, 1407 Center St, New Iberia, LA 70560
  • Richard's Muffler & Car Care — New Iberia, LA 70560
  • Superior Quik Change LLC — 1407 Center St, New Iberia, LA 70560

Frequently Asked Questions

What type of property is this?
Auto shop - Metal-sided commercial space has central heating and air conditioning.
Where is this auto shop located?
The property is located at 1613 S Hopkins Street New Iberia, LA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 1,926‑square‑foot building on a 0.14‑acre parcel; Currently operating as a tire shop; Commercial zoning
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