Technical
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Property profile

0 Tool Dr New Iberia, LA 70560

OFF-MARKET
Land
0.58 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.58 ac (25,265 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tool Dr New Iberia, LA 70560
New Iberia metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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