Fenced Flex Space with
For Sale
$275,000
911 Weeks Island Rd, New Iberia, LA 70560
Versatile commercial space combines offices, adaptable work areas, warehouse capacity, and two access points.
Property Size4,412 SF
Price / SF$62.33
Days on Market276
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Property Features for 911 Weeks Island Rd
General Information
Standard status
Active
Size
4,412 SF
Property subtype
Industrial
Zoning
C-1
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Warehouse Space
1,932 SF
Office Build-Out
2,480 SF
Amenities
kitchen/break room
Water
Natural Gas
Listing Agency:
Compass Lafayette
Listed By:
Brennan Billeaud · License #0000069755
(337) 233-9541
Source:
Lacdb.resimplifi
Added: Jan 12
Changed: Oct 15
Last Checked: Oct 14 at 7:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Lafayette
Investment Insights
Based on property information with market context.
This C-1-zoned flex property contains 4,412 SF, including approximately 2,480 SF of office space and 1,932 SF of warehouse area. The office component includes three private offices, a kitchen and break room, plus two open flex areas suited to workstations, training, or conference use. The warehouse provides two roll-up doors and an upstairs storage area, while a 46'x18' exterior canopy adds covered space for loading, storage, or daily operations.
The fully fenced lot offers access from Weeks Island Road and the rear property line along Inez Road. The property is in New Iberia near Hwy 90, with a layout that brings administrative, flexible-use, and warehouse functions together in one facility.
The fully fenced lot offers access from Weeks Island Road and the rear property line along Inez Road. The property is in New Iberia near Hwy 90, with a layout that brings administrative, flexible-use, and warehouse functions together in one facility.
Key Highlights
- 4,412 SF total with approximately 2,480 SF office and 1,932 SF warehouse space
- Three private offices, kitchen/break room, and two large flex areas
- Warehouse includes two roll‑up doors and an upstairs storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,922
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,440
$458.4K
Cap Rate 7%
$327,457
$327.5K
Cap Rate 9%
$254,689
$254.7K
Market Conditions
NOI Build-Up for 4,412 SF
Gross rent
$34.3K $7.78/SF
− Vacancy
−$1.6K −$0.36/SF
EGI
$32.7K $7.42/SF
− OpEx
−$9.8K −$2.23/SF
NOI
$22.9K $5.20/SF
Area
Iberia County, LA
Vacancy
4.60%
Lease Rate
$7.78 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,440
Cap Rate 7%
$327,457
Cap Rate 9%
$254,689
Alternative Uses
Best Use
Office B
$531.0K
$464.6K – $619.5K
NOI $37,167 @ 7.0% cap · market cap 13.52%
Second Best
Warehouse
$397.6K
$347.9K – $463.9K
NOI $27,834 @ 7.0% cap · market cap 10.12%
Theoretical Best
Office A
$729.7K
$638.5K – $851.3K
NOI $51,080 @ 7.0% cap · market cap 18.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70560, LA
39,457
Population
16,970
Households
2.3
Avg Household Size
38
Median Age
11%
College-Educated
80%
High-School Grad
176.1 sq mi
ZIP Area
224
Density / Sq Mi
$48,296
Median Household Income
$31,864
Median Earnings
$886
Median Rent
$126,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial space combines offices, adaptable work areas, warehouse capacity, and two access points.
Where is this flex space located?
The property is located at 911 Weeks Island Rd New Iberia, LA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 4,412 SF total with approximately 2,480 SF office and 1,932 SF warehouse space; Three private offices, kitchen/break room, and two large flex areas; Warehouse includes two roll‑up doors and an upstairs storage area
