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    1110 Unifab Rd New Iberia, LA 70560

    For Lease
    $5 SF/Yr

    Spacious industrial warehouse, NNN lease, Port of Iberia access.

    Lot size:
    73,998 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 73,998-square-foot industrial property, located at 1110 Unifab Road in New Iberia, Louisiana (zip code 70560), presents a significant opportunity. The single-tenant building offers a versatile layout ideal for various industrial uses. The property features approximately 50,543 square feet of office space and approximately 25,315 square feet of warehouse space, strategically situated near the Port of Iberia. Office amenities include a first-floor reception/lobby, approximately 140 individual offices, two kitchens, two conference rooms, a gym with locker rooms, four restrooms, and several storage rooms. The warehouse boasts an impressive 25-foot eave height, five overhead doors, and two 5-ton bridge cranes, enhancing operational efficiency. The property is offered with a Net Net Net (NNN) lease, making it an attractive investment opportunity. The property's APN is 0103849308. The entire building is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. This property is a rare find in the New Iberia market, combining substantial office and warehouse space with prime location advantages.

    Property Features for 1110 Unifab Rd

    General Information

    Property type
    Business parks
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    73,998 SF
    Total Rate
    33915.75

    Unit(s) available at that property

    Space
    Suite: 0
    Size
    73,998 SF
    Rate per SF
    $5

    HighLights

    • 73,998 SF industrial building in New Iberia, LA (70560), APN 0103849308.
    • Single‑tenant, vacant building with versatile layout.
    • 50,543 SF of office space and 25,315 SF of warehouse space.
    • Office amenities include reception/lobby, 140+ offices, two kitchens, two conference rooms, gym, and ample storage.
    • Warehouse features 25' eave height, five overhead doors, and two 5‑ton bridge cranes.
    • NNN lease; prime location near the Port of Iberia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parker Drilling Drilling Contractor

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Clothing Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia
    State
    Louisiana
    Longitude
    -91.8565267
    Latitude
    29.942611

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    FAQs

    What type of property is this?
    Business park - Spacious industrial warehouse, NNN lease, Port of Iberia access.
    Where is this business park located?
    The property is located at 1110 Unifab Rd New Iberia, LA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 73,998 SF industrial building in New Iberia, LA (70560), APN 0103849308.; Single-tenant, vacant building with versatile layout.; 50,543 SF of office space and 25,315 SF of warehouse space.
    Request Owner's contact information
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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
    1110 Unifab Rd New Iberia, LA 70560
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