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    801 St Peter St New Iberia, LA 70563

    Sponsored
    For Sale
    $195,000

    Vacant Car Wash - $195,000

    Property size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a vacant, 3,000 square foot car wash located at 801 W St Peter St, New Iberia, Louisiana, 70563 (APN: 0501859480). Priced at $195,000 ($73.33 per square foot), this property offers significant potential for a savvy investor. The car wash is in good condition and features five self-serve stalls, one automatic lane, and six vacuum stations, providing a comprehensive range of services. The property is currently vacant, allowing for immediate customization and operational implementation to suit the buyer's vision. Its convenient location in New Iberia, Iberia Parish, Louisiana, ensures high visibility and accessibility for potential customers. The entire 3,000 square feet is net rentable, maximizing the potential return on investment. This turnkey operation is ready for a new owner to revitalize and capitalize on the existing infrastructure and established market demand. The property's strong foundation and established features provide a solid base for a successful car wash business. This is a rare chance to acquire a well-situated, ready-to-operate car wash in a thriving community. Serious inquiries are encouraged.

    Property Features for 801 St Peter St

    General Information

    Property type
    Automotive properties
    Square Feet
    3,000 SF

    HighLights

    • $195,000 asking price for a vacant car wash.
    • 3,000 square feet of retail space in a special purpose building.
    • Located at 801 W St Peter St, New Iberia, LA 70563.
    • Features five self‑serve stalls, one automatic lane, and six vacuum stations.
    • APN: 0501859480.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Iberia
    County
    Iberia Parish
    State
    Louisiana
    Longitude
    -91.7733566
    Latitude
    30.0315178

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    FAQs

    What type of property is this?
    Automotive property - Vacant Car Wash - $195,000
    Where is this automotive property located?
    The property is located at 801 St Peter St New Iberia, LA.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: $195,000 asking price for a vacant car wash.; 3,000 square feet of retail space in a special purpose building.; Located at 801 W St Peter St, New Iberia, LA 70563.
    Request Owner's contact information
    801 St Peter St New Iberia, LA 70563
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    New Iberia, LA 70563
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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
    801 St Peter St New Iberia, LA 70563
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