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    700 Iberia St Youngsville, LA 70592
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    700 Iberia St Youngsville, LA 70592

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    Land Sites in Youngsville For Sale
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    Land Sites in Youngsville

    Prime commercial land for sale in Youngsville's retail corridor.

    700 Iberia St, Youngsville, LA 70592
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    Property ID
    US36-1101982
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 700 Iberia St

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    (3) Sugar Mill Pond sites available for sale in the heart of Youngsville’s rapidly growing Chemin Metairie Pkwy retail corridor: 700 BLK IBERIA ST (*can be subdivided) - .5-2 acres: $12/sf - 2-3.5 acres: $10/sf - 3.5-6.965 acres: $8/sf - Prescott Corner (1-2 acre minimum): $15-16/sf (*depending on lot size) 700 BLK SAVOY RD (*can be subdivided) - Entire Tract (8.672 acres): $8/sf - Savoy Frontage: $8-14/sf - Savoy Corner: $14-16/sf 1900 BLK CHEMIN METAIRIE PKWY (*can be subdivided) - Entire Tract (13.3554 acres): $12/sf - Chemin Metairie Frontage: $12-17/sf - Chemin Metairie/Savoy Hard Corner: $22/sf - Savoy Frontage: $9-16/sf - Savoy Corner: $14-16/sf Each site is situated across the street from Youngsville Sports Complex, Louisiana’s premier sports and recreational facility: - Hosts on average 850k yearly visitors - Phase I currently spans 70-acres (5 baseball fields, 4 softball fields, 9 beach volleyball courts, 10 tennis courts, recreational center/basketball courts, 6 soccer fields, and a splash park) - Currently under construction on Phase II with 47-acre expansion (amphitheater, 8 outdoor pickleball courts, and 2 collegiate baseball fields), expected completion July 2024 Near Rouses Supermarket, and Sugar Mill Pond (509-acre TND by the developers of River Ranch) Within 1.5 mile radius of (8) schools with approximately 7,500 students enrolled (Acadiana Renaissance Charter Academy is expected to add an additional 1,000 students by August 2024-2025 school year, upon completion of new high school building) Please call Diana at (225) 235-5755 for more information!

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Youngsville
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0045255
    Latitude
    30.1022696

    Comparable in this City

    • Contact for pricing

      Commercial Lots Near Sports Complex

      Prime commercial lots in high-traffic Youngsville location.
      2400 Blk Chemin Metairie Pkwy, Youngsville, LA 70592
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    • $189,900
      0.65 Acres

      Prime Commercial Lot on Highway

      Commercial lot with prime exposure near residential development.
      2005 Youngsville Hwy, Youngsville, LA 70592
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    • $775,000
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      Commercial Land on Youngsville Highway

      High-traffic commercial land available for development in Youngsville, Louisiana.
      2000 Blk Youngsville Hwy, Youngsville, LA 70592
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    • $325,000
      0.68 Acres

      Prime Corner Lot in Youngsville

      Corner lot ideal for commercial or retail development.
      Verot School Rd, Youngsville, LA 70592
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      Commercial Lot on Youngsville Highway

      Commercial lot near Ambassador Caffery and new residential development.
      2001 Youngsville Hwy, Youngsville, LA 70592
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    • $2,175,000
      631,620 SF

      Prime Land Near Highway 90

      14.5 acres near Highway 90 and Youngsville sports complex.
      4300-4308 Chemin Metairie Pkwy, Youngsville, LA 70592
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    Similar Nearby for Sale

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      Commercial Lots Near Sports Complex

      Prime commercial lots in high-traffic Youngsville location.
      2400 Blk Chemin Metairie Pkwy, Youngsville, LA 70592
      View Details
    • $189,900
      0.65 Acres

      Prime Commercial Lot on Highway

      Commercial lot with prime exposure near residential development.
      2005 Youngsville Hwy, Youngsville, LA 70592
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    • $775,000
      5.47 Acres

      Commercial Land on Youngsville Highway

      High-traffic commercial land available for development in Youngsville, Louisiana.
      2000 Blk Youngsville Hwy, Youngsville, LA 70592
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    • $325,000
      0.68 Acres

      Prime Corner Lot in Youngsville

      Corner lot ideal for commercial or retail development.
      Verot School Rd, Youngsville, LA 70592
      View Details
    • $299,000
      29,185 SF

      Commercial Lot on Youngsville Highway

      Commercial lot near Ambassador Caffery and new residential development.
      2001 Youngsville Hwy, Youngsville, LA 70592
      View Details
    • $2,175,000
      631,620 SF

      Prime Land Near Highway 90

      14.5 acres near Highway 90 and Youngsville sports complex.
      4300-4308 Chemin Metairie Pkwy, Youngsville, LA 70592
      View Details

    Similar Nearby for Lease

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      Prime Commercial Land in Youngsville

      3.88 acres of commercial land for sale in Youngsville.
      168 Iberia St, Youngsville, LA 70592
      View Details
    • Contact for pricing

      Commercial Lot on Chemin Metairie

      Highly visible commercial lot near Youngsville Sports Complex.
      2730 Chemin Metairie Pkwy, Youngsville, LA 70592
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      Commercial Lot on Chemin Metairie

      Highly visible commercial lot near Youngsville Sports Complex.
      2600 Chemin Metairie Rd, Youngsville, LA 70592
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space Near Sugar Mill

      1,800 SF retail space available in Youngsville, Louisiana.
      3204 E Milton Ave, Youngsville, LA 70592
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      1,500 SF

      New Retail Strip Center

      New retail center in growing area, versatile suites available.
      615 Lafayette St, Youngsville, LA 70592
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      1,155 SF

      Retail Space in Sugar Mill

      Prime retail space in a vibrant Youngsville community.
      120 Waterview Rd, Youngsville, LA 70592
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    Youngsville, LA 70592
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    700 Iberia St, Youngsville, LA, 70592
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