0 Tool Dr New Iberia, LA 70560
This exceptional 0.58-acre industrial land parcel, identified by APN 0202851400X, presents a compelling investment opportunity in New Iberia, Louisiana. Situated in the convenient Regal Industrial Park, this property offers easy access to Highway 90, ensuring seamless transportation and logistics. Zoned I-1, this lot is ideally suited for various industrial uses, providing flexibility for diverse business ventures. The asking price is $42,500, translating to approximately $73,275 per acre. This represents a significant value proposition for buyers seeking a strategically located industrial site. The sale terms are cash to seller. Detailed information regarding the property's location, zoning, and potential uses is readily available upon request. This prime industrial land offers a rare chance to establish a presence in a thriving industrial area with excellent connectivity. The property's size and location make it suitable for a range of industrial developments, providing a solid foundation for future growth and profitability. Don't miss this opportunity to acquire a valuable asset in a high-demand location. The property is located at Tool Dr, Unit: 2, New Iberia, LA 70560. Last updated October 18, 2022.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.