0 Tool Dr New Iberia, LA 70560
This exceptional 0.597-acre industrial land parcel is situated in the desirable Regal Industrial Park, offering unparalleled convenience and accessibility. Located in New Iberia, Louisiana, with a zip code of 70560, this property boasts an I-1 zoning designation, making it ideal for a variety of industrial uses. The lot size is precisely 0.6 acres, and the asking price is $42,500, translating to a land value of $70,833 per acre. The property's address is on Tool Drive, Iberia Parish, within easy reach of Highway 90, ensuring seamless transportation and logistics. The Assessor's Parcel Number (APN) is 0202851400AB. This prime location presents a unique opportunity for businesses seeking a strategic foothold in a thriving industrial area. The property's proximity to major transportation routes makes it an attractive investment for companies requiring efficient access to regional and national markets. Serious inquiries are encouraged to explore the potential of this exceptional industrial land offering. Don't miss this chance to acquire a valuable asset in a high-demand location.
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.