Office Building with Dual
For Sale
$562,000
725 Weldon Street, New Iberia, LA 70560
Commercial Sale, New Iberia, LA
Property Size4,870 SF
Lot Size0.87 Acres
Price / SF$115.40
Days on Market321
Property Features for 725 Weldon Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3
Parking
22
Directions
Heading East on HWY towards new iberia, take exit 130, turn left onto Weeks Island Road, Turn Left onto Dale Street, Turn right onto Weldon, destination is on your right
Subdivision
I2
Standard status
Active
APN
05 00964548
Size
4,870 SF
Lot size
0.87 Acres
Additional Details
Property Use
Office
Condition
Turnkey
Taxes and HOA fees
Tax Description
1-270 X 141 ITEM 1 PART LOT 5, WELDON ST, TRACT E, PART LOT 8 BEING THE SW-39.12' LOT 5, ALL LOT 6 & 7, & THE NE-30.44' LOT 8, PROGRESS PARK SUB IMP (OFFICE BLDG - 725 WELDON ST) ITEM 2 LAND COMM SITE DEVELOPMENT ITEM 3 ACQ: C & T PROPERTIES LLC - 2008
Tax Annual Amount
4958
Legal Description
1-270 X 141 ITEM 1 PART LOT 5, WELDON ST, TRACT E, PART LOT 8 BEING THE SW-39.12' LOT 5, ALL LOT 6 & 7, & THE NE-30.44' LOT 8, PROGRESS PARK SUB IMP (OFFICE BLDG - 725 WELDON ST) ITEM 2 LAND COMM SITE DEVELOPMENT ITEM 3 ACQ: C & T PROPERTIES LLC - 2008
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Floors in Building
1
Flooring type
Tile, Wood, Vinyl
Building materials
Brick
Roof type
Composition
Buildings
1
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Barton Broussard · License #52896
(337) 380-9511
Added: Dec 12, 2025
Changed: Oct 28
Last Checked: Oct 29 at 6:06AM
MLS# 2500006250
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 4,870-square-foot office building sits on a 0.87-acre parcel at 725 Weldon Street in New Iberia. Its interior includes private offices, a shared workroom, kitchen, conference room, reception area, and ADA-compliant restrooms. The building can be configured as two suites, each with separate entrances, exits, utilities, and facilities. Central heating and air conditioning serve the property, which has brick construction and tile, wood, and vinyl flooring.
Built in 1997 with an addition completed in 2002, the property has 22 parking spaces, including marked accessible spaces. The composition roof was replaced in November 2020, and repairs were completed in 2025. The site is in Flood Zone X and has R-5 zoning.
Built in 1997 with an addition completed in 2002, the property has 22 parking spaces, including marked accessible spaces. The composition roof was replaced in November 2020, and repairs were completed in 2025. The site is in Flood Zone X and has R-5 zoning.
Key Highlights
- 4,870‑square‑foot office building on 0.87 acres
- 22 dedicated parking spaces, including marked handicap spaces
- Can be divided into two suites, each with its own entrance, exit, utilities, and facilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,025
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$820,500
$820.5K
Cap Rate 7%
$586,071
$586.1K
Cap Rate 9%
$455,833
$455.8K
Market Conditions
NOI Build-Up for 4,870 SF
Gross rent
$70.1K $14.40/SF
− Vacancy
−$15.4K −$3.17/SF
EGI
$54.7K $11.23/SF
− OpEx
−$13.7K −$2.81/SF
NOI
$41.0K $8.42/SF
Area
Iberia County, LA
Vacancy
22.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$820,500
Cap Rate 7%
$586,071
Cap Rate 9%
$455,833
Alternative Uses
Best Use
Office B
$586.1K
$512.8K – $683.8K
NOI $41,025 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$805.5K
$704.8K – $939.7K
NOI $56,383 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
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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 Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The layout supports two separate office suites, each with its own access, utilities, and facilities.
Where is this office building located?
The property is located at 725 Weldon Street New Iberia, LA.
What is the asking price?
The asking price for this property is $562,000.
What are key features of this property?
This property features: 4,870‑square‑foot office building on 0.87 acres; 22 dedicated parking spaces, including marked handicap spaces; Can be divided into two suites, each with its own entrance, exit, utilities, and facilities
