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Half-Acre Residential Development Lot
For Sale
$60,000

5 Oak, New Iberia, LA 70563

Residential lot in Oak Place Subdivision, exceeding half an acre, near shopping, City Park, library, and medical center.

Property Size24,393 SF
Price / SF$2.46
Days on Market398

Property Features for 5 Oak

General Information

Standard status Active
Size 24,393 SF
Property subtype Land
Zoning Residential
Listing Agency: McGeeScott Realty
Listed By: Andree Schlicher · License #0995687644
Source: Compass
Added: Jul 22, 2025 Changed: Aug 8 Last Checked: Mar 25 at 3:32PM

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 McGeeScott Realty

Investment Insights

Based on property information with market context.

This residential building lot is located in the Oak Place Subdivision and offers just over half an acre to build a custom home. The parcel is surrounded by established, stately residences, creating a quiet, well-established setting for new construction.

The property is in New Iberia, Louisiana, and is described as being just minutes from shopping and dining, City Park, Parkview Library, and Iberia Medical Center. For buyers looking for one of the remaining lots in this subdivision, this site provides a straightforward opportunity to design and build in a neighborhood centered around existing homes and convenient everyday access.

Key Highlights

  • Residential lot in Oak Place Subdivision
  • Lot size exceeds half an acre
  • Surrounded by established homes in a developed neighborhood

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Catering Service Electrical Service (Bike/Boat/Book/etc) Store Building Supply Butcher

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

767
Businesses Nearby

Demographics for 70563, LA

19,145
Population
8,663
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
90%
High-School Grad
62.7 sq mi
ZIP Area
305
Density / Sq Mi
$73,555
Median Household Income
$47,011
Median Earnings
$975
Median Rent
$190,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot in Oak Place Subdivision, exceeding half an acre, near shopping, City Park, library, and medical center.
Where is this residential land & home lot located?
The property is located at 5 Oak New Iberia, LA.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Residential lot in Oak Place Subdivision; Lot size exceeds half an acre; Surrounded by established homes in a developed neighborhood
More about this property
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