Commercial Building on Admiral
3019 W Admiral Doyle Dr New Iberia, LA 70560
3019 W Admiral Doyle Dr, New Iberia, LA, 70560
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For Sale
Contact for pricing
Commercial building for sale or lease on W Admiral Doyle.
Property Size17,800 SF
Price / SF$150
Days on Market827
Property Features for 3019 W Admiral Doyle Dr
General Information
- Standard status
- Active
- Size
- 17,800 SF
- Property subtype
- Industrial, Self Storage
Listing Agency
The Gleason Group
(337) 262-7873
Listed by
Bart Broussard · License #LA R0842
Source
Crexi
Added: Apr 12, 2024 Checked: Jul 17 at 4:10 am
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 The Gleason Group
Investment Insights
Based on property information with market context.
A commercial building with 17,800 square feet of space is available for sale or lease. The property is located on W Admiral Doyle Drive.
Key Highlights
- Commercial building for sale or lease
- Located on W Admiral Doyle
- Additional property details available
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $320.4k | $18.00 |
| − Vacancy | −$25.6k | −$1.44 |
| EGI | $294.8k | $16.56 |
| − OpEx | −$110.5k | −$6.21 |
| NOI | $184.2k | $10.35 |
17,800 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$2.63M
$2.30M – $3.07M
NOI $184,230 @ 7.0% cap · market cap 6.90%
Second Best
Self Storage
$2.40M
$2.10M – $2.80M
NOI $167,761 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$2.94M
$2.58M – $3.43M
NOI $206,081 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tetra Technologies Inc
Gas Company
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Commercial building for sale or lease on W Admiral Doyle.
Where is this mixed-use property located?
The property is located at 3019 W Admiral Doyle Dr New Iberia, LA.
What is the asking price?
The asking price for this property is $2,670,000.
What are key features of this property?
This property features: Commercial building for sale or lease; Located on W Admiral Doyle; Additional property details available
