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0 New Iberia Area-Lots Of Cranes New Iberia, LA 70560

OFF-MARKET
Warehouses
25,000 SF 2.2 ac lot
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Property summary

AI-generated overview

This exceptional 25,000-square-foot industrial property in the New Iberia, Louisiana area presents a significant opportunity for manufacturing businesses. Situated on a 2.2-acre lot, this single-tenant building boasts 12 large overhead doors (most 14x16' to 16x20'), ample outside fenced storage, and extensive crane capacity, including 8 jib cranes and several overhead cranes with a 15-ton capacity. The property features a rail spur (use details to be confirmed with local development authorities), substantial 3-phase power, two restrooms, and dedicated sales/retail office space. The current owner is retiring, making the business and all assets available for purchase. This includes significant shop equipment (brakes, shears, munchers, lathes, blasting, and welding equipment) valued at $490,000, along with inventory valued similarly, all offered for $300,000. This presents a unique chance to acquire a turnkey operation, ideally positioned to supply the nearby First Solar facility (a $1.1 billion, 2 million-square-foot project). The property is zoned COMM and has an APN of 91073720003. The building is a single-story structure. This is a rare opportunity to acquire a well-equipped manufacturing facility in a rapidly growing industrial area. Serious inquiries only.

Property profile

Verified
Property type Warehouses
Total area 25,000 SF
Lot 2.2 ac (95,832 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

New Iberia Area-Lots Of Cranes New Iberia, LA 70560
New Iberia metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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