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    Norris Rd New Iberia, LA 70560

    Sponsored
    For Sale
    $350,000

    Prime Agricultural & Residential Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 15.33-acre property presents a unique investment opportunity in New Iberia, Louisiana. Located on Norris Road, this expansive land parcel offers a blend of agricultural and residential potential, making it ideal for a variety of uses. The property's zoning allows for both agricultural pursuits and the construction of a residential dwelling, providing flexibility for the discerning buyer. Its convenient location provides easy access to major roadways, including Highway 90 and Highway 182, ensuring seamless connectivity to the surrounding areas. The proximity to a variety of restaurants and shops adds to the appeal, offering a blend of rural tranquility and urban convenience. The land itself is ready for development, presenting a blank canvas for the creation of a custom home or agricultural enterprise. With its strategic location and versatile zoning, this property represents a rare opportunity to acquire a significant land holding in a desirable location. The asking price is $350,000. Detailed surveys and soil reports are available upon request. This property is situated in Iberia Parish, Louisiana, with the zip code 70560. The geographic coordinates are 30.012541854130014 latitude and -91.91719053256158 longitude. Don't miss this chance to secure this remarkable piece of land.

    Property Features for 0 Norris Rd

    General Information

    Property type
    Farms

    HighLights

    • 15.33‑acre land parcel in New Iberia, LA, ideal for residential or agricultural use.
    • Zoned for both residential development and agriculture, offering flexible usage options.
    • Convenient access to major roadways (Hwy 90 & Hwy 182) and nearby amenities.
    • Ready for immediate development; $350,000 asking price.
    • Located in Iberia Parish, LA, zip code 70560 (30.012541854130014, -91.91719053256158).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Iberia
    County
    Iberia Parish
    State
    Louisiana
    Longitude
    -91.917190532562
    Latitude
    30.01254185413

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    FAQs

    What type of property is this?
    Farm - Prime Agricultural & Residential Land
    Where is this farm located?
    The property is located at Norris Rd New Iberia, LA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 15.33-acre land parcel in New Iberia, LA, ideal for residential or agricultural use.; Zoned for both residential development and agriculture, offering flexible usage options.; Convenient access to major roadways (Hwy 90 & Hwy 182) and nearby amenities.
    Request Owner's contact information
    Norris 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
    Norris Rd New Iberia, LA 70560
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