Louisiana / New Iberia / 70560 / 705 Hangar Drive

705 Hangar Drive

New Iberia, LA 70560

Listing ID: 235386

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$820,000

For Sale

Property Type Industrial for Sale : Flex/Office Warehouse
Lot Size Acres 2.650
Building Sq Ft 20,968
Building Price per Sq Ft $39.11
Land Sq Ft 115,434
Land Price per Sq Ft $7.10

705 Hangar Drive | for Sale | Thumbnail 2

705 Hangar Drive | for Sale | Thumbnail 3

Description

For sale is a great light industrial facility situated on approximately 2.6 acres of land in a great industrial park in New Iberia near the airport. The building has a total of approximately 21,000 +/- square feet with lots of parking available and a concrete yard. The land adjacent to the building is included in the acreage and sale. The office is approximately 4,800 square feet +/- with 13 Offices, Kitchen, 2 bathrooms and a large shipping/ Parts room. The Warehouse is approximately 16,100 square feet with 3 phase electric, a climate controlled storage area, full bathroom with shower and 5 cranes (1-2 ton, 3-1,500 pound, 1-500 pound) and fairly new air compressor along with a 100kw generator and 2- 14 foot overhead doors with concrete driveway and yard that is completely fenced in. The property is currently in flood zone X and zoned I-1.

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Listing Demographics for 705 Hangar Drive New Iberia, LA 70560

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		704	8,409	35,210
Population Median Age		38	39	37
Population by Age	0-9 Yrs	77 (10%)	1140 (13%)	5267 (14%)
	10-19 Yrs	94 (13%)	1049 (12%)	4696 (13%)
	20-29 Yrs	101 (14%)	1057 (12%)	4625 (13%)
	30-39 Yrs	106 (15%)	1145 (13%)	4799 (13%)
	40-49 Yrs	73 (10%)	846 (10%)	3394 (9%)
	50-59 Yrs	124 (17%)	1279 (15%)	5056 (14%)
	60-69 Yrs	95 (13%)	1061 (12%)	4090 (11%)
	70+ Yrs	33 (4%)	832 (9%)	3283 (9%)

Median HH Income		$54,630	$45,044	$42,106
Total Household Income	< 24K	52 (22%)	855 (29%)	3873 (30%)
	25-49K	48 (20%)	666 (23%)	3259 (25%)
	50-74K	69 (29%)	628 (21%)	2451 (19%)
	75-99K	21 (9%)	285 (9%)	1289 (10%)
	100-199K	37 (16%)	394 (13%)	1746 (13%)
	200K+	3 (1%)	64 (2%)	243 (1%)

Highest Education Level	No Diploma	162	1629	5508
	Diploma or GED	200	2234	9568
	Some College	80	950	3505
	Assoc. Degree	11	214	1239
	Bachelors Degree	21	513	2424
	Higher Degree	10	206	856

Total Housing Units		252	3,425	15,279
--Owner-Occupied		189	2,097	8,454
--Renter-Occupied		42	795	4,406
Owner-Occupied Values	< 100K	107	951	3930
	100-199K	44	663	2885
	200-299K	22	242	889
	300-399K	8	123	381
	400-499K	7	71	217
	500K+	1	47	153

Total Working Age Population		571	6,645	27,072
In Work Force		316	3,755	15,949
Not In Work Force		255	2,890	11,122
Workforce Employed		284	3,203	14,131
Workforce Unemployed		33	552	1,819
Civlian Workforce		316	3,755	15,949
Military Workforce		0	0	0

Total Households		231	2,892	12,861
Family Households		159	2,053	8,835
Non-Family Households		71	839	4,026
Married Couple		116	1,345	5,452
Other Family		43	708	3,383
Married w/Child		25	328	1,606
Single Male w/Child		8	68	436
Single Female w/Child		22	323	1,669

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Louisiana	4,468,976	+1	4,533,372	+1	4,588,310	+5	4,813,420
Iberia Parish	73,266	0	73,240	+4	76,150	-1	75,450
Lafayette Parish	190,503	+16	221,578	-2	216,520	+2	221,600
St. Martin Parish	48,583	+7	52,160	+6	55,520	+3	57,000

Total Working Age Population:

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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