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    Property profile & analytics

    Jefferson Ter New Iberia, LA 70560

    • Land
    • 1.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Jefferson Ter

    Lot size
    1.60 lot acres
    Property type
    Land

    Description

    This exceptional 1.6-acre commercial property presents a compelling investment opportunity in the thriving city of New Iberia, Louisiana. Located on Jefferson Terrace, this tract boasts approximately 157 feet of frontage, providing excellent visibility and accessibility. The property is zoned C-3, opening doors to a wide range of commercial ventures. With a total land area of 1.6 acres, the possibilities are vast, allowing for substantial development potential. The asking price is $225,000, translating to a land value of $3.23 per square foot. The property's location within Flood Zone X offers peace of mind regarding flood risk. The Assessor's Parcel Number (APN) is 0505417500A. This strategically located parcel in Iberia Parish, Louisiana, zip code 70560, offers a unique chance to establish a successful commercial enterprise in a dynamic and growing community. Its prime location and favorable zoning make it an attractive proposition for developers and investors seeking a high-return investment in a desirable area. Don't miss this chance to acquire this exceptional commercial land.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia Parish
    State
    Louisiana
    Longitude
    -91.8056
    Latitude
    29.991

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    Request Owner's contact information
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    Jefferson Ter
    New Iberia, LA 70560
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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