2501 Lewis StNew Iberia, LA 70560
- Other commercial real estate
- 15.70 AC
Property Details for 2501 Lewis St
- Lot size
- 15.70 AC
- Property type
- Other commercial real estate
- APN
- 02 03090111
- APU
- 203090111
Description
This exceptional 7-acre commercial property in New Iberia, Louisiana, presents a remarkable investment opportunity. Located at 2501 S Lewis St, this vacant land boasts significant frontage on S. Lewis Street, Regal Drive, Crown Drive, and Connie Rue Road, offering unparalleled visibility and accessibility. The property is zoned C-2, allowing for a wide range of commercial uses, including retail, office, and hospitality. Utilities are readily available, including water, sewage, and electricity, simplifying development plans. The asking price is $975,000, translating to $139,285 per acre, reflecting the land's high value and strategic location. Its proximity to Highway 90 ensures convenient access for customers and employees. The property's substantial size and versatile zoning make it ideal for a variety of commercial ventures, from large-scale retail developments to smaller office complexes. The APN is 0203090111. This is a rare chance to acquire a prime commercial parcel in a thriving Louisiana market. Don't miss this opportunity to build your business in a highly visible and accessible location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $107,237,160
- Hospitality
- $98,228,664
- Educational
- $81,725,096
- Medical
- $84,535,744
- Retail
- $127,127,928
Location Insight
- City
- New Iberia
- County
- Iberia
- State
- Louisiana
- Latitude
- 29.9752
- Longitude
- -91.8331
- CBSA code
- 29180
- CBSA name
- LAFAYETTE, LA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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