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    Tool Dr New Iberia, LA 70560

    For Sale
    $42,500

    Prime Industrial Lot, 0.6 Acres, New Iberia, LA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.6-acre industrial land parcel presents a unique investment opportunity in the thriving New Iberia, Louisiana market. Located in the convenient Regal Industrial Park, this property, identified by APN 0202851400Y, offers easy access to Highway 90, ensuring seamless transportation and logistics. Zoned I-1, this lot is ideally suited for a variety of industrial uses, providing flexibility for diverse business ventures. The asking price is $42,500, translating to a land value of $70,833 per acre, reflecting the strong demand for industrial properties in this area. Situated at Tool Drive, Lot 3, in Iberia Parish, this property boasts a prime location within a well-established industrial park, offering proximity to essential infrastructure and a supportive business environment. The address is Tool Drive, Lot 3, New Iberia, LA 70560. This is a rare opportunity to acquire a strategically located industrial lot in a rapidly growing region. The property's size and zoning make it an attractive option for businesses seeking to establish or expand their operations in a highly accessible and desirable location. Don't miss this chance to secure a valuable asset in a dynamic industrial market.

    Property Features for 0 Tool Dr

    General Information

    Property type
    Land
    Lot Size
    26,136 SF

    HighLights

    • 0.6‑acre industrial land parcel for sale in New Iberia, LA.
    • Asking price: $42,500.
    • Located in Regal Industrial Park, minutes from Hwy 90.
    • I‑1 zoning.
    • APN: 0202851400Y.
    • Land value: $70,833/acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Iberia
    County
    Iberia Parish
    State
    Louisiana
    Longitude
    -91.8297115
    Latitude
    29.9729044

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    FAQs

    What type of property is this?
    Land - Prime Industrial Lot, 0.6 Acres, New Iberia, LA
    Where is this land located?
    The property is located at Tool 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: 0.6-acre industrial land parcel for sale in New Iberia, LA.; Asking price: $42,500.; Located in Regal Industrial Park, minutes from Hwy 90.
    Request Owner's contact information
    Tool Dr New Iberia, LA 70560
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    New Iberia, LA 70560
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    Realmo Value Estimation

    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.

    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.

    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
    Tool Dr New Iberia, LA 70560
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