420 Fulton St New Iberia, LA 70560
This exceptional 0.48-acre industrial lot, located at 420 Fulton Street in New Iberia, Louisiana, presents a compelling investment opportunity. The property, identified by APN 0503487490, is offered at $75,000, translating to a land value of $3.56 per square foot. This fee simple ownership opportunity boasts a strategic location in close proximity to Downtown New Iberia. The lot measures approximately 21,063 square feet, with 119 feet of frontage on Fulton Street and 177 feet on North Corinne Street. Currently zoned I-1 Industrial, this versatile parcel is well-suited for a variety of uses, including retail, office, and industrial development. New Iberia, the tenth-largest city in Louisiana, is situated approximately 30 miles southeast of Lafayette in Iberia Parish. The city's population, according to the 2010 Census, was 30,617. The seller is motivated and ready to close quickly. This is a rare opportunity to acquire a well-positioned industrial lot in a growing Louisiana city. Don't miss out on this chance to secure a valuable piece of New Iberia real estate.
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.