Truck Terminal with Modular
For Sale
$1,200,000
2202 E Hwy 90, New Iberia, LA 70560
Commercial Sale, New Iberia, LA
Property Size6,263 SF
Lot Size5.00 Acres
Price / SF$191.60
Days on Market3673
Property Features for 2202 E Hwy 90
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-1
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Parking features
Parking Lot
Lot features
Corner Lot, Level
Directions
Hwy 90 past New Iberia. 2202 is located on the Right. (Corner of Hwy 83 and Hwy 90).
Subdivision
I4
Standard status
Active
APN
0200719000
Size
6,263 SF
Lot size
5.00 Acres
Additional Details
Property Use
Truck Terminal
Taxes and HOA fees
Tax Description
5.00 ACRES U.S. SERVICE RD, LA. HWY 83 & TERRELL. RESWEBER TRACT 1 OF PLAT. SEC 35 T12S, R6R
Tax Annual Amount
1800
Legal Description
5.00 ACRES U.S. SERVICE RD, LA. HWY 83 & TERRELL. RESWEBER TRACT 1 OF PLAT. SEC 35 T12S, R6R
Utilities
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Floors in Building
1
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
eXp Realty, LLC
(337) 522-7554
Listed By:
Molli Rodriguez · License #0995687819
(337) 578-0034
Added: Oct 4, 2016
Changed: Oct 24
Last Checked: Oct 24 at 3:06PM
MLS# 16009201
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5-acre truck-terminal property includes a 6,263-square-foot building, two modular office buildings, and a large stabilized area. The site is currently used as a truck terminal and is zoned I-1. Building features include metal siding, a metal roof, central heating and central air conditioning, a parking lot, and private sewer service.
At the corner of Hwy 90, the property has access to and from the US Highway 90 frontage road.
At the corner of Hwy 90, the property has access to and from the US Highway 90 frontage road.
Key Highlights
- 5‑acre property with a 6,263‑square‑foot building
- Currently used as a truck terminal
- Two modular office buildings and a large stabilized area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,512
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,240
$790.2K
Cap Rate 7%
$564,457
$564.5K
Cap Rate 9%
$439,022
$439.0K
Market Conditions
NOI Build-Up for 6,263 SF
Gross rent
$48.7K $7.78/SF
− Vacancy
−$2.2K −$0.36/SF
EGI
$46.5K $7.42/SF
− OpEx
−$7.0K −$1.11/SF
NOI
$39.5K $6.31/SF
Area
Iberia County, LA
Vacancy
4.60%
Lease Rate
$7.78 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,240
Cap Rate 7%
$564,457
Cap Rate 9%
$439,022
Alternative Uses
Best Use
Warehouse
$564.5K
$493.9K – $658.5K
NOI $39,512 @ 7.0% cap · market cap 3.29%
Second Best
Industrial
$464.8K
$406.7K – $542.3K
NOI $32,539 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$1.04M
$906.4K – $1.21M
NOI $72,511 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
16
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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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Truck terminal - A stabilized yard and access from the US Highway 90 frontage road serve the existing truck-terminal use.
Where is this truck terminal located?
The property is located at 2202 E Hwy 90 New Iberia, LA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 5‑acre property with a 6,263‑square‑foot building; Currently used as a truck terminal; Two modular office buildings and a large stabilized area
