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Property profile

420 Fulton St New Iberia, LA 70560

FOR SALE
Land
Property ID
US36-1017692
0.48 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.48 ac (20,909 SF)
UPID US36-1017692

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

420 Fulton St New Iberia, LA 70560
New Iberia metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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