Office Building with Two
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 Market290
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 3, Bathroom 1, Bathroom 2
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
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
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
Heating system
Central
Cooling system
Central Air
Amenities
private offices
central workroom
full kitchen
conference room
reception area
ADA-compliant restrooms
Building Details
Floors in Building
1
Flooring type
Wood, Tile
Roof type
Composition
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Barton Broussard · License #52896
(337) 380-9511
Added: Dec 12, 2025
Changed: Sep 17
Last Checked: Sep 28 at 11:06AM
MLS# 2500006250
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,870-square-foot office building at 725 Weldon Street provides a practical mix of private offices, a central workroom, conference room, reception area, full kitchen, and three bathrooms, including ADA-compliant facilities. Wood and tile flooring, central heating, and central air support the interior layout, while 22 dedicated parking spaces serve employees and visitors.
Constructed in 1997 with a 2002 addition, the property is arranged for two independent suites. Each suite has its own entrance, exit, utilities, and facilities, allowing the building to function as a single occupant property or accommodate separate users. The composition roof was fully replaced in November 2020, and repairs were completed in 2025. The 0.87-acre site is located in Flood Zone X and carries R-5 zoning.
Constructed in 1997 with a 2002 addition, the property is arranged for two independent suites. Each suite has its own entrance, exit, utilities, and facilities, allowing the building to function as a single occupant property or accommodate separate users. The composition roof was fully replaced in November 2020, and repairs were completed in 2025. The 0.87-acre site is located in Flood Zone X and carries R-5 zoning.
Key Highlights
- 4,870‑square‑foot office building on a 0.87‑acre site
- Two independent suites, each with its own entrance, exit, utilities, and facilities
- 22 dedicated parking spaces, including marked handicap spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,025
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
817
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Adaptable layout includes private offices, shared work areas, a conference room, kitchen, reception, and ADA-compliant restrooms.
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 a 0.87‑acre site; Two independent suites, each with its own entrance, exit, utilities, and facilities; 22 dedicated parking spaces, including marked handicap spaces
