Listed by Lee & Associates - Lafayette
$864,000
Warehouse near Acadiana Regional Airport
Details
Property Type Industrial
Sub Type Manufacturing
Square Footage 19,200
Tenancy Vacant
Year Built 1985
Buildings 2
Acreage 2.750
Parking Spaces 50 spaces
Parking Per SqFt 2.60
Investment Type Owner/User
Ceiling Height 16'
Dock High Doors 7
718 Hangar Dr, New Iberia, LA 70560
Marketing description
Lee & Associates is pleased to present the property at 718 Hangar Drive in New Iberia, Louisiana. Situated on ±2.75 acres and improved with ±19,200 square feet, the property is designed to support a wide range of industrial, manufacturing, chemical, distribution, research, or specialty operations. The property includes two industrial buildings with a functional mix of office, conference, warehouse, and laboratory space, plus fenced yard area and covered exterior process/storage area. Utility service includes electric, natural gas, water, and sewer, with approximately 50 parking spaces and dual access points from Hangar Drive.
718 Hangar Drive benefits from a strategic New Iberia location within the Acadiana Regional Airport / Hangar Drive industrial corridor, one of Iberia Parish’s key growth nodes for aviation, industrial, manufacturing, and logistics users. The area is supported by direct access to U.S. Highway 90 / future I-49, the Port of Iberia, rail service, and airport infrastructure, creating a highly functional intermodal setting for industrial operations. Recent nearby investment includes First Solar’s $1.1 billion Iberia Parish manufacturing facility and continued airport expansion initiatives, including apron and East Side development planning. The property also benefits from access to the broader Acadiana / Lafayette regional economy, which provides a deep labor base and a strong concentration of industrial, construction, and manufacturing employment, while New Iberia’s historic downtown, Avery Island / TABASCO, and other regional attractions add to the market’s appeal for employees and visitors alike.
Investment highlights
- ±19,200 SF Industrial Flex Space
- 7 Grade Level Doors ((2) 16'x14' / (5) 12'x14')
- 3 Phase Power (120V/240v)
- 16' Eave Height
- Parking for ±50
Listing Contacts
Listed by Lee & Associates - Lafayette
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?















