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    Tool Dr New Iberia, LA 70560

    • Land
    • 0.42 lot acres
    For Sale
    View listing
    $42,500
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Tool Dr

    Lot size
    0.42 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia Parish
    State
    Louisiana
    Longitude
    -91.8297
    Latitude
    29.9729

    Comparable in this City

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      Tool Dr

      Land • 0.42 Acres
      0 Tool Dr, New Iberia, LA 70560
      View Details
    • Value Estimation by Request
      0.60 Acres

      Tool Dr

      Land • 0.60 Acres
      0 Tool Dr, New Iberia, LA 70560
      View Details
    • Value Estimation by Request
      0.60 Acres

      Import Dr

      Land • 0.60 Acres
      0 Import Dr, New Iberia, LA 70560
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    • Value Estimation by Request
      0.60 Acres

      Tool Dr

      Land • 0.60 Acres
      0 Tool Dr, New Iberia, LA 70560
      View Details

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    Tool Dr
    New Iberia, LA 70560
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    Realmo Value Estimation

    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.

    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.

    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
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