Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Import Dr New Iberia, LA 70560

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Wayne County Medical Office For Lease

    Property Features for 0 Import Dr

    General Information

    Property type
    Land
    Lot Size
    26,136 SF

    We can help!

    Listing Contact
    Bart Broussard
    Bart Broussard

    Listing Agent: Bart Broussard

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 3,600 square foot medical office building, situated on a 1.31-acre lot in Wayne County, is available for lease. Built in 2005, this single-story Class B building features a convenient single-tenant occupancy. The property is zoned C-3, offering flexibility for a variety of medical uses. Previously configured as a salon, the space boasts eight private rooms and one bathroom, providing ample opportunity for customization to suit specific medical practice needs. The layout is highly adaptable, making it ideal for a range of medical specialties. The asking rent is $3,500 per month. The property's location in Wayne County offers excellent accessibility and visibility, making it an attractive option for medical professionals seeking a well-established and easily accessible location. The ample lot size provides ample parking and potential for future expansion. This property presents a unique opportunity to establish or expand a medical practice in a desirable location. The APN is 72-00005.000. Serious inquiries only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Iberia
    County
    Iberia Parish
    State
    Louisiana
    Longitude
    -91.8308971
    Latitude
    29.9747608

    Nearby Similar for Sale

    • $450,000
      9,992 SF

      Industrial Building on 2.6 Acres

      9,992 SF industrial building on 2.6 acres for sale.
      6317 Ozenne Rd, New Iberia, LA 70560
      View Details
    • $480,000
      6,310 SF

      Established Business in High-Traffic Location

      Thriving business opportunity with excellent visibility and loyal customer base.
      1312 W Admiral Doyle Dr, New Iberia, LA 70560
      View Details
    • $399,000
      4,121 SF

      Downtown New Iberia Office Building

      Income-producing office building in historic downtown New Iberia, Louisiana.
      134 E Main St, New Iberia, LA 70560
      View Details
    • $385,000
      5,315 SF

      Waterfront Live-Work Property on Spanish Lake

      Unique waterfront property zoned for residential and commercial use.
      4300 W Old Spanish Trl, New Iberia, LA 70560
      View Details
    • $199,000
      4,500 SF

      New Iberia Multifamily Opportunity

      Multifamily property with potential for renovation and redevelopment in New Iberia.
      1125-1127 Jane St, New Iberia, LA 70560
      View Details
    • $195,000
      1,200 SF

      Former Doctor's Office For Sale

      ADA-compliant office in Loreauville with expansion potential.
      1302 Ed Broussard Rd, New Iberia, LA 70563
      View Details
    • $295,000
      13,230 SF

      New Iberia Industrial Facility

      Industrial facility with nursery, warehouse, and office space on 3.5+ acres.
      4806 E Old Spanish Trl, New Iberia, LA 70560
      View Details
    • $335,000
      5,196 SF

      Renovated Historic Downtown Office Building

      Beautifully renovated historic office building in downtown New Iberia.
      103 E Main St, New Iberia, LA 70560
      View Details
    • $415,000
      4,018 SF

      Remodeled Commercial Building in Downtown

      Income-generating, remodeled commercial property in a historical downtown building.
      145 W Main St, New Iberia, LA 70560
      View Details
    • $269,000
      7,751 SF

      New Iberia Office Building

      Large office building with ample parking in New Iberia.
      119 Hansel St, New Iberia, LA 70560
      View Details
    • $220,000
      0.50 Acres

      Retail Property in New Iberia

      Retail property with commercial kitchen and convenience store.
      1106 Trotter St, New Iberia, LA 70563
      View Details
    • $93,000
      1,883 SF

      Two House Package in New Iberia

      Two residential income properties in New Iberia, Louisiana for sale.
      713 St. Jude Ave, New Iberia, LA 70560
      View Details

    FAQs

    What type of property is this?
    Land - Prime Wayne County Medical Office For Lease
    Where is this land located?
    The property is located at Import Dr New Iberia, LA.
    What is the asking price?
    The asking price for this property is $42,500.
    What are key features of this property?
    This property features: Medical office building for lease in Wayne County.; Single-story, 3,600 square foot Class B building on a 1.31 acre lot.; Built in 2005, zoned C-3.
    (337) 262-7873 Call to check price and availability
    Request Owner's contact information
    Import Dr New Iberia, LA 70560
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Import Dr
    New Iberia, LA 70560
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Import Dr New Iberia, LA 70560
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bart Broussard
    Bart Broussard
    Real Estate License ID: R0842
    (337) 262-7873
    Learn more
    Google sign-in failed. Please try again or use another login method.