0 Tool Dr New Iberia, LA 70560
This exceptional 0.6-acre industrial land parcel, identified as Lot 4 on Tool Drive, presents a compelling investment opportunity in New Iberia, Louisiana. Located within the convenient Regal Industrial Park, this property offers easy access to Highway 90, ensuring seamless transportation and logistics. The lot is zoned I-1, allowing for a variety of industrial uses, subject to local regulations. The asking price is $42,500, translating to a land value of $70,833 per acre. The property's precise location is detailed by its APN: 0202851400Z. Situated in Iberia Parish, Louisiana, with a zip code of 70560, this site benefits from its proximity to major transportation routes, making it ideal for businesses requiring efficient distribution networks. The geographic coordinates are 29.9729044 latitude and -91.8297115 longitude. This level, build-ready lot provides a blank canvas for various industrial projects, offering significant potential for growth and return on investment. Serious inquiries are encouraged to explore the possibilities of this strategically located industrial land. All information is deemed reliable but not guaranteed and should be independently verified.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.