Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Admiral Doyle Dr New Iberia, LA 70560
    Back to Search
    Property profile & analytics

    Admiral Doyle Dr, New Iberia, LA 70560

    View on Map
    • Retail properties & Spaces
    • 1 SF
    • 2.91 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Admiral Doyle Dr

    Lot size
    2.91 lot acres
    Property type
    Retail properties & Spaces

    Description

    This exceptional 2.91-acre parcel presents a remarkable development opportunity in New Iberia, Louisiana. Located at the hard corner of West Admiral Doyle and Highway 3212 (NW Bypass), this A-1 zoned property boasts significant frontage: approximately 420 linear feet along West Admiral Doyle and 240 linear feet along Highway 3212. The asking price is $950,000, translating to a price per unit of $326,460. This strategic location offers unparalleled visibility and accessibility, placing your future development in close proximity to key transportation arteries including Acadiana Regional Airport, Louisiana Highway 182, and Highway 90. The property's high-traffic location and ample space make it ideal for a variety of retail ventures. The existing zoning (A-1) allows for a wide range of commercial uses, providing flexibility for developers. This is a rare opportunity to acquire a substantial, strategically located parcel in a growing market. Don't miss this chance to build your next successful retail enterprise. The total square footage is 1 square foot, however, the significant acreage makes this a prime development opportunity. The property is located in Iberia Parish, Louisiana, with a zip code of 70560.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia Parish
    State
    Louisiana
    Longitude
    -91.8544
    Latitude
    30.0271

    Comparable in this City

    • Value Estimation by Request
      0.60 Acres

      Import Dr

      Land
      0 Import Dr, New Iberia, LA 70560
      View Details
    • Value Estimation by Request
      23,600 SF

      1202 Jefferson Ter

      Neighborhood centers
      1202 Jefferson Ter, New Iberia, LA 70560
      View Details
    • Value Estimation by Request
      1.00 Acre

      90/Hwy14 Development Hwy

      Lifestyle centers
      90/Hwy14 Development Hwy, New Iberia, LA 70560
      View Details
    • Value Estimation by Request
      0.60 Acres

      Import Dr

      Land
      0 Import Dr, New Iberia, LA 70560
      View Details
    • Value Estimation by Request
      11,188 SF

      1704 Lewis St

      Automotive properties
      1704 Lewis St, New Iberia, LA 70560
      View Details
    • Value Estimation by Request
      85,240 SF

      1100 Main St

      Retail properties & Spaces
      1100 Main St, New Iberia, LA 70560
      View Details

    Similar Nearby for Sale

    • $42,500
      0.60 Acres

      Dover Road Medical Office Space

      Prime Wayne County Medical Office For Lease
      0 Import Dr, New Iberia, LA 70560
      View Details
    • $125,000
      Pending

      New Iberia Commercial Property

      Multipurpose commercial property with buildings and expansion lots for sale.
      818 Weeks Island Rd, New Iberia, LA 70560
      View Details
    • $140,000
      2,400 SF

      Historic New Iberia Commercial Property

      Landmark property with retail space and warehouse, plus adjacent lot.
      320 Center St, New Iberia, LA 70560
      View Details
    • $300,000
      4,500 SF

      Retail and Warehouse Opportunity

      Retail and warehouse property with high traffic location.
      1614 S Hopkins St, New Iberia, LA 70560
      View Details
    • Contact for pricing
      4,120 SF

      Retail Building with Warehouse Space

      4,120 SF retail building with stock room/warehouse space.
      1614 Center St, New Iberia, LA 70560
      View Details
    • Contact for pricing

      Retail Storefront with Residential Dwelling

      Mixed-use property featuring retail space and a residential unit.
      1116 Center St, New Iberia, LA 70560
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      85,240 SF

      Prime New Iberia Retail Space

      85,240 SF Retail Center, 3 Spaces Available
      1100 Main St, New Iberia, LA 70560
      View Details
    • $1.52 SF/Yr
      4,032 SF

      Prime Retail Space, New Iberia

      High-traffic location, 4,032 sq ft.
      1116 Center St, New Iberia, LA 70560
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space in New Iberia

      Retail suite available for lease in New Iberia, Louisiana.
      726 E Admiral Doyle Dr, New Iberia, LA 70560
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space in Walmart Shadow

      Retail space available in Walmart shadow center with anchor tenants.
      1002 Jefferson Ter, New Iberia, LA 70560
      View Details
    • $599,000
      6,600 SF

      Commercial Building with Excellent Visibility

      Commercial building with showroom, offices, and storage near Hwy 90.
      1104 Highway 90 E, New Iberia, LA 70560
      View Details
    • Contact for pricing
      2,440 SF

      Retail Storefront on Center Street

      2400 SF retail space with high-traffic street exposure.
      1116 Center St, New Iberia, LA 70560
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Admiral Doyle Dr
    New Iberia, LA 70560
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Admiral Doyle Dr, New Iberia, LA, 70560
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!