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    4308 Highway 90 New Iberia, LA 70560

    Sponsored
    For Sale
    $525,000

    10,000 SF Warehouse, $52.50/SF

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10,000-square-foot industrial warehouse, situated at 4308 Highway 90 East in New Iberia, Louisiana, presents a compelling investment opportunity. Priced at $525,000, or $52.50 per square foot, this property boasts a versatile layout ideal for a variety of businesses. The building comprises 8,000 square feet of office space and 2,000 square feet of warehouse space, catering to companies needing both administrative and storage capabilities. The 1.225-acre lot provides ample space for equipment and vehicle storage, complemented by a large, stabilized yard surrounding the building. Convenient access is ensured by two ingress/egress points on the Highway 90 service road. The property is zoned I-1 (Industrial), offering flexibility for various industrial uses. Previously occupied by a scaffolding company, this location offers a blend of office and warehouse space, making it an attractive option for businesses requiring both. The property's strategic location on Highway 90 in New Iberia, Louisiana, zip code 70560, provides excellent visibility and accessibility. This is a rare opportunity to acquire a well-located, versatile industrial property in a thriving market.

    Property Features for 4308 Highway 90

    General Information

    Property type
    Distribution properties
    Square Feet
    10,000 SF
    Lot Size
    53,361 SF

    HighLights

    • 10,000 SF industrial warehouse in New Iberia, LA, on 1.22‑acre lot.
    • Priced at $525,000 ($52.50/SF).
    • Features 8,000 SF of office space and 2,000 SF of warehouse space.
    • Offers ample yard space and two access points on Highway 90 service road.
    • I‑1 zoning allows for various industrial uses.
    • Excellent visibility and accessibility on Highway 90 (70560).
    Property Profile Location Intelligence

    Current Use by Public Records

    Diverse Safety & Scaffolding ... Building Materials Supplier Quality Construction General Contractor

    Suggested Use

    Law Firm Building Supply Wholesale Shop Auto Repair Shop Food Market Storage Facility HVAC Service Grocery Store Discount Store Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia Parish
    State
    Louisiana
    Longitude
    -91.907284236818
    Latitude
    30.016884804418

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    FAQs

    What type of property is this?
    Distribution property - 10,000 SF Warehouse, $52.50/SF
    Where is this distribution property located?
    The property is located at 4308 Highway 90 New Iberia, LA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: 10,000 SF industrial warehouse in New Iberia, LA, on 1.22-acre lot.; Priced at $525,000 ($52.50/SF).; Features 8,000 SF of office space and 2,000 SF of warehouse space.
    Request Owner's contact information
    4308 Highway 90 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
    4308 Highway 90 New Iberia, LA 70560
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