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Property profile & analytics

705 Bayard St New Iberia, LA 70560-5738

  • Commercial real estate
  • 1.45 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US36-1274609
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.

Current Use by Public Records

  • Family Support Office / Association / Organization

Property Details for 705 Bayard St

Lot size
1.45 lot acres
Property type
Commercial real estate
APN
05 04611010
APU
504611010

Description

This exceptional 25,776 square foot office building, situated on a generous 2.2-acre lot in New Iberia, Louisiana, presents a compelling investment opportunity. Currently vacant, this traditional office building offers significant potential for redevelopment or continued use as office space. Previously utilized as a state-leased facility for health and human resources, the building features numerous small offices and conference rooms, providing a flexible layout adaptable to various needs. The asking price is $650,000, translating to $25.22 per square foot. The property's size and existing infrastructure make it suitable for a variety of uses. Consideration could be given to repurposing the building into residential apartments, capitalizing on the substantial square footage and ample land. Alternatively, the building's layout and climate control capabilities could be leveraged for conversion into a climate-controlled storage facility. Located at 705 Bayard Street, New Iberia, LA 70560, this property offers convenient access within Iberia Parish. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant upside potential. The building's history as a state-leased facility speaks to its structural integrity and suitability for various commercial applications. Don't miss this chance to secure a prime piece of New Iberia real estate.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
New Iberia
County
Iberia
State
Louisiana
Longitude
-91.8033
Latitude
29.9799
CBSA code
29180
CBSA name
LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,635
$16,981
$155,000
$171,981
-
$169,810
$1,033,333
$1,203,143
More about this property
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