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    400 French St New Iberia, LA 70560

    Sponsored
    For Sale
    $105,000

    4,000 SF Warehouse, 0.45 Acres

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,000-square-foot warehouse, located at 400 French Street in New Iberia, Louisiana, presents a compelling investment opportunity. Priced at $105,000 ($26.25/sq ft), this single-story, single-building property sits on a substantial 0.45-acre lot, extending across an entire city block. The building boasts a solid triple-brick construction, demonstrating remarkable durability and longevity. Its features include concrete floors, brick walls, and convenient sliding double doors, ideal for accommodating vehicles and large equipment. A significant advantage is the presence of a large, fenced, and stabilized yard, offering ample space for storage or operations. The property's APN is 0505284010|1. The warehouse is classified as light industrial and currently occupied by a single tenant. One loading dock facilitates efficient loading and unloading. This property's prime location in the heart of New Iberia, combined with its robust construction and versatile features, makes it suitable for a variety of industrial uses. The property's size and location offer significant potential for future growth and return on investment. The zip code is 70560, and the property is situated in Iberia Parish.

    Property Features for 400 French St

    General Information

    Property type
    Distribution properties
    Square Feet
    4,000 SF
    Lot Size
    19,602 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 4,000 SF light industrial warehouse on a 0.45‑acre lot in New Iberia, LA.
    • Priced at $105,000 ($26.25/SF).
    • Features masonry construction, concrete floors, and grade‑level loading dock with sliding double doors.
    • Single‑tenant occupied.
    Property Profile Location Intelligence

    Current Use by Public Records

    Viator Auto Electric Auto Electrical Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -91.823034
    Latitude
    30.0047981

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    FAQs

    What type of property is this?
    Distribution property - 4,000 SF Warehouse, 0.45 Acres
    Where is this distribution property located?
    The property is located at 400 French St New Iberia, LA.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: 4,000 SF light industrial warehouse on a 0.45-acre lot in New Iberia, LA.; Priced at $105,000 ($26.25/SF).; Features masonry construction, concrete floors, and grade-level loading dock with sliding double doors.
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    400 French St 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
    400 French St New Iberia, LA 70560
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