0 Tool Dr New Iberia, LA 70560
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.
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.