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Property profile & analytics
OFF-MARKET
Land

0 Norris Rd New Iberia, LA 70560

Property ID
Property summary
AI-generated overview

This exceptional 15.33-acre property presents a unique investment opportunity in New Iberia, Louisiana. Located on Norris Road, this expansive land parcel offers a blend of agricultural and residential potential, making it ideal for a variety of uses. The property's zoning allows for both agricultural pursuits and the construction of a residential dwelling, providing flexibility for the discerning buyer. Its convenient location provides easy access to major roadways, including Highway 90 and Highway 182, ensuring seamless connectivity to the surrounding areas. The proximity to a variety of restaurants and shops adds to the appeal, offering a blend of rural tranquility and urban convenience. The land itself is ready for development, presenting a blank canvas for the creation of a custom home or agricultural enterprise. With its strategic location and versatile zoning, this property represents a rare opportunity to acquire a significant land holding in a desirable location. The asking price is $350,000. Detailed surveys and soil reports are available upon request. This property is situated in Iberia Parish, Louisiana, with the zip code 70560. The geographic coordinates are 30.012541854130014 latitude and -91.91719053256158 longitude. Don't miss this chance to secure this remarkable piece of land.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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