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Property profile & analytics
OFF-MARKET
Land

0 Tool Dr New Iberia, LA 70560

0.6 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.6-acre industrial land parcel presents a unique investment opportunity in the thriving New Iberia, Louisiana market. Located in the convenient Regal Industrial Park, this property, identified by APN 0202851400Y, offers easy access to Highway 90, ensuring seamless transportation and logistics. Zoned I-1, this lot is ideally suited for a variety of industrial uses, providing flexibility for diverse business ventures. The asking price is $42,500, translating to a land value of $70,833 per acre, reflecting the strong demand for industrial properties in this area. Situated at Tool Drive, Lot 3, in Iberia Parish, this property boasts a prime location within a well-established industrial park, offering proximity to essential infrastructure and a supportive business environment. The address is Tool Drive, Lot 3, New Iberia, LA 70560. This is a rare opportunity to acquire a strategically located industrial lot in a rapidly growing region. The property's size and zoning make it an attractive option for businesses seeking to establish or expand their operations in a highly accessible and desirable location. Don't miss this chance to secure a valuable asset in a dynamic industrial market.

Property profile
Verified
Property type Land
Lot 0.6 ac (26,136 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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