Industrial Warehouse with Ample
7904 Highway 90 W New Iberia, LA 70560
7904 Highway 90 W, New Iberia, LA, 70560
$400,000
For Sale
$400,000
3,000 SF warehouse on 1.62 acres near Highway 90.
Property Size3,000 SF
Lot Size1.62 Acres
Price / SF$133.33
Days on Market704
Property Features for 7904 Highway 90 W
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 1.62 Acres
Listing Agency
Keller Williams Realty Acadiana
(337) 962-7070
Listed by
Lori Lege' · License #0995693945
(337) 962-7070
Source
Exprealty
Added: Aug 13, 2024 Checked: Jul 16 at 5:21 pm
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 Keller Williams Realty Acadiana
Investment Insights
Based on property information with market context.
Located off Highway 90 West towards New Iberia, LA, this industrial property features a 3,000 square foot warehouse. The warehouse includes a washing station, three roll-up doors, and a small office. The property includes approximately 1.62 acres of land and ample parking, making it suitable for a variety of business requirements.
Key Highlights
- Prime industrial location directly off HWY 90 West.
- 3,000 sq ft warehouse with washing station.
- Includes approximately 1.62 acres of land.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.3k | $7.78 |
| − Vacancy | −$1.1k | −$0.36 |
| EGI | $22.3k | $7.42 |
| − OpEx | −$3.3k | −$1.11 |
| NOI | $18.9k | $6.31 |
3,000 SF · lease $7.78/SF/yr · vacancy 4.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$270.4K
$236.6K – $315.4K
NOI $18,926 @ 7.0% cap · market cap 4.73%
Second Best
Industrial
$222.7K
$194.8K – $259.8K
NOI $15,586 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$496.2K
$434.2K – $578.9K
NOI $34,733 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - 3,000 SF warehouse on 1.62 acres near Highway 90.
Where is this warehouse located?
The property is located at 7904 Highway 90 W New Iberia, LA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime industrial location directly off HWY 90 West.; 3,000 sq ft warehouse with washing station.; Includes approximately 1.62 acres of land.
