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    1110 Unifab Rd New Iberia, LA 70560

    Sponsored
    For Sale
    $2,750,000

    74,000 SF Warehouse, Port of Iberia

    Property size:
    73,998 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 73,998-square-foot industrial warehouse, situated on a 6.29-acre lot in New Iberia, Louisiana (zip code 70560, APN 0103849308), presents a significant investment opportunity. Priced at $2,750,000 ($37.16 per square foot), this single-tenant property boasts a desirable location at the burgeoning Port of Iberia, within three miles of First Solar's substantial $1.1 billion facility. The building features approximately 50,543 square feet of office space and approximately 25,315 square feet of warehouse space. Office amenities include a first-floor reception/lobby, roughly 140 offices, two kitchens, two conference rooms, a gym with locker rooms, four restrooms, and multiple storage rooms. The warehouse area offers a 25-foot ceiling height, five overhead doors, and two 5-ton bridge cranes. The property is zoned I and features surface parking. Utilities include municipal water and sewer services, central electric heating, and an engineered air conditioning system. This is a NNN lease. Directions: From Highway 90, head south on South Lewis Street. Turn right at the railroad onto Port Road. Follow Port Road to Unifab Road and turn left. The building is on the right.

    Property Features for 1110 Unifab Rd

    General Information

    Property type
    Business parks
    Square Feet
    73,998 SF
    Lot Size
    273,992 SF

    HighLights

    • 73,998 SF industrial warehouse on a 6.29‑acre lot in New Iberia, LA (70560), APN 0103849308.
    • Surface parking.
    • Centrally heated and cooled with an engineered HVAC system.
    • Municipal water and sewer.
    • NNN lease.
    Property Profile 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 Parish
    State
    Louisiana
    Longitude
    -91.8565267
    Latitude
    29.942611

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    FAQs

    What type of property is this?
    Business park - 74,000 SF Warehouse, Port of Iberia
    Where is this business park located?
    The property is located at 1110 Unifab Rd New Iberia, LA.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: 73,998 SF industrial warehouse on a 6.29-acre lot in New Iberia, LA (70560), APN 0103849308.; Surface parking.; Centrally heated and cooled with an engineered HVAC system.
    Request Owner's contact information
    1110 Unifab Rd 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
    1110 Unifab Rd New Iberia, LA 70560
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