Car Wash with Self-Service
For Sale
$165,000
801 W Saint Peter Street, New Iberia, LA 70560
Commercial Sale, New Iberia, LA
Property Size3,900 SF
Lot Size0.68 Acres
Price / SF$42.31
Days on Market139
Property Features for 801 W Saint Peter Street
General Information
Property type
Commercial Sale
Property subtype
Other
Exterior features
Roof Sign
Directions
Hwy 90, take Hwy 182 turn left on Main Street and continue on Old Spanish Trail.
Subdivision
I2
Standard status
Active
APN
0501859480
Size
3,900 SF
Lot size
0.68 Acres
Taxes and HOA fees
Tax Description
1-150 x 198/190 PART LOT 120 &PART LOT 4, CHESTNUT ST., W. ST. PETER
Legal Description
1-150 x 198/190 PART LOT 120 &PART LOT 4, CHESTNUT ST., W. ST. PETER
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Flooring type
Concrete
Roof type
Metal
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Barton Broussard · License #52896
(337) 380-9511
Added: Jun 4
Changed: Oct 8
Last Checked: Oct 20 at 12:06PM
MLS# 2600005000
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.
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Investment Insights
Based on property information with market context.
This car wash occupies a 3,900-square-foot property on 0.68 acres. The wash area is configured with five self-service stalls and one automatic lane, complemented by six vacuum stations. Concrete flooring and a metal roof are among the property’s physical features.
The site is at 801 W Saint Peter Street in New Iberia, Louisiana. Public water and public sewer serve the property.
The site is at 801 W Saint Peter Street in New Iberia, Louisiana. Public water and public sewer serve the property.
Key Highlights
- Five self‑service wash stalls
- One automatic wash lane
- Six vacuum stations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,610
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,200
$252.2K
Cap Rate 7%
$180,143
$180.1K
Cap Rate 9%
$140,111
$140.1K
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$17.6K $4.50/SF
− Vacancy
−$737 −$0.19/SF
EGI
$16.8K $4.31/SF
− OpEx
−$4.2K −$1.08/SF
NOI
$12.6K $3.23/SF
Area
Iberia County, LA
Vacancy
4.20%
Lease Rate
$4.50 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,200
Cap Rate 7%
$180,143
Cap Rate 9%
$140,111
Alternative Uses
Best Use
Retail
$448.3K
$392.3K – $523.1K
NOI $31,384 @ 7.0% cap · market cap 19.02%
Second Best
Industrial
$289.5K
$253.3K – $337.7K
NOI $20,262 @ 7.0% cap · market cap 12.28%
Theoretical Best
Office A
$645.0K
$564.4K – $752.6K
NOI $45,153 @ 7.0% cap · market cap 27.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
723
Businesses Nearby
11k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 46%
Dollar General
Shops & Services
5,957 visits/mo
0.2 miles
Church's Chicken
Dining
5,102 visits/mo
0.1 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Car wash - The operating layout includes self-service washing, an automatic lane, and on-site vacuum stations.
Where is this car wash located?
The property is located at 801 W Saint Peter Street New Iberia, LA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Five self‑service wash stalls; One automatic wash lane; Six vacuum stations
