Industrial Space Near Highway
7904 W Highway 90 New Iberia, LA 70560
7904 W Highway 90, New Iberia, LA, 70560
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For Sale
Contact for pricing
3,000 SF warehouse with 1.62 acres near Highway 90.
Property Size6,791 SF
Lot Size1.62 Acres
Price / SF$58.90
Days on Market697
Property Features for 7904 W Highway 90
General Information
- Standard status
- Active
- Size
- 6,791 SF
- Lot size
- 1.62 Acres
- Property subtype
- Office, Industrial
Listing Agency
NAI Rampart
(337) 504-5349
Listed by
Jeremy Harson, CCIM · License #LA75901
Source
Crexi
Added: Aug 20, 2024 Checked: Jul 17 at 6:03 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 NAI Rampart
Investment Insights
Based on property information with market context.
This industrial property, located off Highway 90 West towards New Iberia, Louisiana, features a 3,000 square foot warehouse. The warehouse includes a washing station, three roll-up doors, and a small office. The property also offers ample parking and approximately 1.62 acres of land. This space is suitable for a variety of business requirements due to its versatile layout and prime industrial location.
Key Highlights
- Prime industrial location directly off HWY 90 West.
- 3,000 sq ft warehouse with washing station.
- Includes approximately 1.62 acres of land.
Local Financial Insights For Industrial
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 | $52.8k | $7.78 |
| − Vacancy | −$2.4k | −$0.36 |
| EGI | $50.4k | $7.42 |
| − OpEx | −$15.1k | −$2.23 |
| NOI | $35.3k | $5.20 |
6,791 SF · lease $7.78/SF/yr · vacancy 4.60% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$612.0K
$535.5K – $714.1K
NOI $42,843 @ 7.0% cap · market cap 10.71%
Second Best
Industrial
$504.0K
$441.0K – $588.1K
NOI $35,283 @ 7.0% cap · market cap 8.82%
Theoretical Best
Office A
$1.12M
$982.8K – $1.31M
NOI $78,623 @ 7.0% cap · market cap 19.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - 3,000 SF warehouse with 1.62 acres near Highway 90.
Where is this warehouse located?
The property is located at 7904 W Highway 90 New Iberia, LA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime industrial location directly off HWY 90 West.; 3,000 sq ft warehouse with washing station.; Includes approximately 1.62 acres of land.
