Versatile Industrial Property on Highway
For Sale
Contact for pricing
7914 W Hwy 90, New Iberia, LA 70560
Industrial property with office space, warehouse, and paved yard.
Property Size11,245 SF
Lot Size2.00 Acres
Price / SF$0.68
Days on Market799
Property Features for 7914 W Hwy 90
General Information
Standard status
Active
Size
11,245 SF
Total Parking Spaces
25
Lot size
2.00 Acres
Property subtype
Industrial
Zoning
INDUSTRIAL
Lease Type
NNN
Amenities
Power
Water
Sewer
25 Parking Spaces
Listing Agency:
Keller Williams Realty Acadiana
Listed By:
Lori Lege' · License #0995693945
(337) 233-9541
Source:
Lacdb.resimplifi
Added: Aug 11, 2024
Changed: Oct 12
Last Checked: Oct 16 at 5:49AM
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
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Investment Insights
Based on property information with market context.
This industrial property is located off HWY 90, offering access and visibility. The site spans 2 acres and includes 14,995 square feet of space suited for industrial uses. The property comprises two buildings with a combined 2,005 square feet of dedicated office space. The main building, covering 11,245 square feet, includes an open work area, a conference room, two half bathrooms, and a kitchen. The attached warehouse has a 24' clear height, two 14' by 20' roll-up doors, and a 5-ton crane. An additional 1,440 square feet of open-air canopy is attached to this building. The secondary building offers 3,750 square feet of warehouse space, equipped with three 16' by 14' roll-up doors. The property is complemented by a fully paved yard and a large parking area.
Key Highlights
- Strategic location off HWY 90 provides unparalleled access and visibility.
- Total of 14,995 square feet of versatile space suitable for various industrial uses.
- Main building features a 24' clear height warehouse with a 5‑ton crane and two 14' by 20' roll‑up doors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,942
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,418,840
$1.4M
Cap Rate 7%
$1,013,457
$1.0M
Cap Rate 9%
$788,244
$788.2K
Market Conditions
NOI Build-Up for 11,245 SF
Gross rent
$87.5K $7.78/SF
− Vacancy
−$4.0K −$0.36/SF
EGI
$83.5K $7.42/SF
− OpEx
−$12.5K −$1.11/SF
NOI
$70.9K $6.31/SF
Area
Iberia County, LA
Vacancy
4.60%
Lease Rate
$7.78 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,418,840
Cap Rate 7%
$1,013,457
Cap Rate 9%
$788,244
Alternative Uses
Best Use
Warehouse
$1.01M
$886.8K – $1.18M
NOI $70,942 @ 7.0% cap · market cap 921.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,190 @ 7.0% cap · market cap 1,690.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial property with office space, warehouse, and paved yard.
Where is this warehouse located?
The property is located at 7914 W Hwy 90 New Iberia, LA.
What are key features of this property?
This property features: Strategic location off HWY 90 provides unparalleled access and visibility.; Total of 14,995 square feet of versatile space suitable for various industrial uses.; Main building features a **24' clear height warehouse with a 5‑ton crane** and two 14' by 20' roll‑up doors.
