0 Tool Dr New Iberia, LA 70560
This exceptional 0.42-acre industrial land parcel presents a compelling investment opportunity in New Iberia, Louisiana. Located within the convenient Regal Industrial Park, this property boasts an I-1 zoning designation, offering a wide range of potential uses for industrial development. The lot's size is precisely 0.422 acres, providing ample space for various projects. Its strategic location offers easy access to Highway 90, ensuring seamless transportation and logistics. The asking price is $42,500, translating to a land value of $101,190 per acre, reflecting the property's desirability and potential for strong returns. The property's Assessed Parcel Number (APN) is 0202851400AC. This prime industrial land is situated in Iberia Parish, Louisiana, with a zip code of 70560, and its precise coordinates are 29.9729044 latitude and -91.8297115 longitude. Given its size, zoning, and location, this property is well-suited for a variety of industrial ventures and represents a significant opportunity for investors seeking a foothold in a thriving industrial area. The property is ready for immediate development, making it an attractive option for businesses seeking a strategic location with excellent access to major transportation routes.
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.