4308 Highway 90New Iberia, LA 70560

  • Other commercial real estate
  • 1.23 AC
For Sale
$525,000 View listing

Property Details for 4308 Highway 90

Lot size
1.23 AC
Property type
Other commercial real estate
APN
01 01074995
APU
101074995

Description

This exceptional 10,000-square-foot industrial warehouse, situated at 4308 Highway 90 East in New Iberia, Louisiana, presents a compelling investment opportunity. Priced at $525,000, or $52.50 per square foot, this property boasts a versatile layout ideal for a variety of businesses. The building comprises 8,000 square feet of office space and 2,000 square feet of warehouse space, catering to companies needing both administrative and storage capabilities. The 1.225-acre lot provides ample space for equipment and vehicle storage, complemented by a large, stabilized yard surrounding the building. Convenient access is ensured by two ingress/egress points on the Highway 90 service road. The property is zoned I-1 (Industrial), offering flexibility for various industrial uses. Previously occupied by a scaffolding company, this location offers a blend of office and warehouse space, making it an attractive option for businesses requiring both. The property's strategic location on Highway 90 in New Iberia, Louisiana, zip code 70560, provides excellent visibility and accessibility. This is a rare opportunity to acquire a well-located, versatile industrial property in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,367,966
    Hospitality
    $7,665,012
    Educational
    $6,377,200
    Medical
    $6,596,522
    Retail
    $9,920,088
4308 Highway 90, New Iberia, Louisiana

Location Insight

City
New Iberia
County
Iberia
State
Louisiana
Latitude
30.0172
Longitude
-91.907
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
$3,580
$13,014
$32,576
$45,590
-
$130,140
$217,173
$347,313

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