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    718 Highway 90 New Iberia, LA 70560

    Sponsored
    For Lease
    $4 SF/Yr ($9,200 /Mo)

    23,000 SF Multi-Use Facility Available

    Lot size:
    23,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 23,000 square foot industrial property, located at 718 E Hwy 90 in New Iberia, Louisiana, presents a unique investment opportunity. The property encompasses two buildings, each spanning multiple stories, and boasts a versatile layout suitable for a variety of uses. The zoning is I-1, allowing for flexibility in tenant occupancy. The property features a substantial 2.32-acre lot, providing ample space for expansion or outdoor operations. The buildings offer a range of features including 18' to 32' ceiling heights, accommodating diverse industrial needs. Eight loading docks ensure efficient loading and unloading operations. Three-phase power is available, supporting heavy machinery and equipment. The property is currently fully vacant, offering immediate occupancy for a single tenant or the potential for multiple tenants. The diverse subtypes include manufacturing, flex, warehouse, distribution, free-standing, industrial-business park, mixed-use, light industrial, net-leased, office showroom, self-storage, and truck terminal, making it suitable for a wide array of businesses. The property's location on Highway 90 provides excellent visibility and accessibility. The APN is 0100290995. This is a rare opportunity to acquire a substantial industrial property in a prime location with significant potential. Contact us today to schedule a showing.

    Property Features for 718 Highway 90

    General Information

    Property type
    NNN properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,000 SF
    Total Rate
    9200

    Building Details

    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 718
    Size
    23,000 SF
    Rate per SF
    $4

    HighLights

    • Over 23,000 SF of combined office and warehouse space.
    • Approximately 2.3 acres of fenced and stabilized yard.
    • Highway 90 frontage with access from Meadow Ln.
    • Two‑story, 4,000 SF front office.
    • Main warehouse: 14,507 SF with 8 roll‑up doors (6 are 12'x14').
    • Warehouse features: 5‑ton crane on rail, 14' eaves, and 18' ceiling heights.
    Property Profile Location Intelligence

    Current Use by Public Records

    Business parks

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia
    State
    Louisiana
    Longitude
    -91.8439101
    Latitude
    29.9717261

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    FAQs

    What type of property is this?
    NNN property - 23,000 SF Multi-Use Facility Available
    Where is this nnn property located?
    The property is located at 718 Highway 90 New Iberia, LA.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: Over 23,000 SF of combined office and warehouse space.; Approximately 2.3 acres of fenced and stabilized yard.; Highway 90 frontage with access from Meadow Ln.
    Request Owner's contact information
    718 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
    718 Highway 90 New Iberia, LA 70560
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