0 Tool Dr New Iberia, LA 70560
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.
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
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.