2813 La-14 New Iberia, LA 70560
- Retail properties
- 5,038 SF
- 0.74 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Costume Store / Party Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 2813 La-14
- Lot size
- 0.74 lot acres
- Property size
- 5,038 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional commercial property presents a unique investment opportunity in New Iberia, Louisiana. The 5,038 square foot freestanding building, formerly a Ruby Tuesday restaurant, sits on a 0.74-acre lot with 61 parking spaces. Located at 2813 LA-14, this vacant property boasts excellent visibility and accessibility, situated along State Highway 14, a major thoroughfare averaging 23,000 vehicles per day. The C-2 General Commercial zoning allows for a wide range of potential uses, making it ideal for lease-up or redevelopment. The property benefits from a dense retail corridor with numerous national and credit tenants nearby, including Lowe's, Hobby Lobby, and many more, creating strong tenant synergy and increased consumer traffic. Its proximity to Iberia Middle School and Westgate High School further enhances its appeal. The 5-mile trade area boasts over 41,000 residents and 23,000 employees, with an average household income of $67,556. The property's features include a large pylon sign and ample parking. The asking price is $1,050,000, representing a fee simple interest (land and building ownership). The APN is 05 02716990A.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Iberia
- County
- Iberia Parish
- State
- Louisiana
- Longitude
- -91.8543
- Latitude
- 29.985
