Technical
Financial
Distress signals
Property profile

0 Tool Dr New Iberia, LA 70560

OFF-MARKET
Land
0.42 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.42-acre industrial land parcel presents a compelling investment opportunity in the thriving New Iberia, Louisiana market. Situated in the convenient Regal Industrial Park, this property, identified as Lot 7 on Tool Drive, boasts a prime location just minutes from Highway 90, ensuring easy access to major transportation routes. The lot is zoned I-1, allowing for a variety of industrial uses, making it ideal for businesses seeking a strategic location for expansion or new development. The address is Tool Drive, Lot 7, New Iberia, LA 70560. Its coordinates are 29.9729044 latitude and -91.8297115 longitude. This level, build-ready lot offers significant potential for immediate development, eliminating the need for extensive site preparation. The asking price for this exceptional industrial land parcel is $42,500. Given its size, location, and zoning, this property represents a rare opportunity to acquire a highly desirable industrial site in a rapidly growing area. Don't miss this chance to secure a foothold in a dynamic industrial market. Contact us today to learn more and schedule a viewing.

Property profile

Verified
Property type Land
Lot 0.42 ac (18,295 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
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Tool Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message