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Flex Space with Fenced Yard
For Lease
$16,500/Mo

2917 Oliva Rd, New Iberia, LA 70560

A stabilized outdoor yard, gated access, and multiple parking areas support a range of commercial operations.

Space SizeContact for details
Property Size20,859 SF
Days on Market867

Property Features for 2917 Oliva Rd

General Information

Standard status Active
Size 20,859 SF
Zoning Commercial

Building Details

Building Size 20,859 SF
Year Built 2009
Listing Agency: The Gleason Group
Listed By: Paul Arceneaux CCIM · License #995719154
Source: Anslumrealestate
Added: Jun 20, 2024 Changed: Nov 2 Last Checked: Nov 2 at 1:54PM

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 The Gleason Group

Rey
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Investment Insights

Based on property information with market context.

This flex property in New Iberia combines office and warehouse areas on approximately 3.8 acres. The grounds include a stabilized yard and are enclosed by fencing, with a powered gate at the entrance. Building features include an elevator, conference room, commercial kitchen, and balconies on both the front and rear of the second level.

The warehouse has an 18-foot-wide drive-through and eave heights of 24 feet and 21 feet. Parking includes 22 covered spaces and 39 concrete surface spaces. Commercial zoning is listed for the property.

Key Highlights

  • Approximately 3.8 acres with a stabilized yard
  • Fenced grounds with a powered entrance gate
  • 22 covered parking spaces and 39 concrete surface spaces

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Bakery HVAC Service

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

NNN (Triple Net)
Lease Type
$1.42 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

37
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New Iberia, LA

$98.63 /SF/Yr
Avg Asking Price
$1.95–$495 /SF/Yr
Price Range
8,389 SF
Avg Space Size

This space is priced 90% below the average of $98.63 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Flex space - A stabilized outdoor yard, gated access, and multiple parking areas support a range of commercial operations.
Where is this flex space located?
The property is located at 2917 Oliva Rd New Iberia, LA.
What is the lease rate?
The lease rate is $16,500/Mo.
What are key features of this property?
This property features: Approximately 3.8 acres with a stabilized yard; Fenced grounds with a powered entrance gate; 22 covered parking spaces and 39 concrete surface spaces
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