418 Sugar Mill RdNew Iberia, LA 70563

This exceptional 147.24-acre commercial land parcel presents a unique investment opportunity in New Iberia, Louisiana. Located at 418 Sugar Mill Road (APN 0402338000B), this expansive tract boasts an impressive 4,300 linear feet of road frontage along Sugar Mill Road, offering unparalleled visibility and accessibility. The property extends from Camillia Street to Daspit Drive, providing versatile development potential. Its strategic location is further enhanced by its southern boundary along Bayou Teche, adding a picturesque element to the site. The land's value is assessed at $15,000 per acre, resulting in an asking price of $2,208,600. Adding to its appeal, the property includes stub outs connecting it to two other parish roads, increasing connectivity and logistical advantages. The zoning allows for a mixed-use development, potentially incorporating commercial or industrial uses along the highway frontage, complemented by residential development in the rear. This prime acreage offers a rare blend of location, size, and accessibility, making it ideal for a variety of large-scale development projects. The property is situated in Iberia Parish, Louisiana, with a zip code of 70563.