Destrehan, LA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Destrehan, Louisiana Market population: 11K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Destrehan LA Properties: 0.7500%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Destrehan LA
Common questions from investors exploring commercial real estate in Destrehan LA.
What's the overall investment potential of Destrehan, LA, considering its demographics and economy?
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Destrehan, LA, with a population of 11,297 and a median age of 40.5, presents a stable investment market, given its median household income of $71,322 and a relatively low poverty rate of 8.6%, indicating a strong and stable workforce. The top industries, including Wholesale Trade and Construction, suggest a diverse economic base, while the foreign-born rate of 4.2% and top ethnicities like White and Black, indicate a somewhat diverse community. This diversity, combined with a high health insurance coverage rate of 92.4%, points to a market with good employment stability and quality of life.
How does the commute time and method impact the rental market in Destrehan, LA?
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The average commute time of 26.6 minutes in Destrehan, LA, with the majority driving alone or carpooling, suggests a relatively convenient and accessible location for renters. This, coupled with a high employment rate and low poverty rate, indicates a stable rental market. Furthermore, the health insurance coverage rate of 92.4% implies that renters are likely to have stable employment, reducing the risk of late payments or vacancies. The top industries, such as Transportation & Warehousing, also support the notion of a reliable and mobile workforce.
What role does ethnic diversity play in the demand for real estate in Destrehan, LA?
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The ethnic diversity in Destrehan, LA, with White, White Non-Hispanic, and Black populations, contributes to a varied demand for real estate. This diversity, along with a median household income of $71,322 and a median property value of $231,200, suggests a market that can support different types of housing. The foreign-born rate of 4.2% and the presence of various ethnic groups may also attract businesses and services catering to these communities, further enhancing the local economy and real estate demand. The relatively low poverty rate of 8.6% and high health insurance coverage rate of 92.4% also indicate a stable and attractive environment for investors.
How do the poverty rate and health insurance coverage impact the quality of tenants in Destrehan, LA?
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The poverty rate of 8.6% in Destrehan, LA, combined with a high health insurance coverage rate of 92.4%, suggests a working-class market with employment stability. The relatively low poverty rate indicates that tenants are more likely to have a stable income, reducing the risk of non-payment. Additionally, the high health insurance coverage rate implies that tenants are more likely to have access to healthcare, contributing to a more stable and reliable tenant base. This, along with the top industries like Wholesale Trade and Construction, points to a market with a strong workforce and low tenant turnover risk.
What are the implications of the homeownership rate and median property taxes for real estate investors in Destrehan, LA?
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The high homeownership rate of 81.0% in Destrehan, LA, along with a median property value of $231,200 and median property taxes of $3,244, suggests a stable and potentially appreciating real estate market. The relatively low poverty rate of 8.6% and high health insurance coverage rate of 92.4% also contribute to a stable environment, attractive to both homeowners and renters. Furthermore, the top commute methods, such as driving alone or carpooling, and the average commute time of 26.6 minutes, indicate a convenient location, which can support both owner-occupied and rental properties, making it an attractive market for real estate investors.
What are some of the best neighborhoods to live in Destrehan?
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Some of the best neighborhoods to live in Destrehan include Ormond, which is known for its peaceful and family-friendly environment. Other neighborhoods, such as those in St. Charles Parish, offer a suburban rural mix feel and are considered to be great places to live in Louisiana.
What are some fun things to do in Destrehan?
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There are plenty of fun things to do in Destrehan, including visiting the Destrehan Plantation, taking a haunted ghost tour, or exploring the Rivertown Museum & Kenner Planetarium. You can also check out the Bonnet Carre Spillway, East Bank Bridge Park, or attend one of the many fairs and festivals in the area.
What is the food scene like in Destrehan?
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The food scene in Destrehan is diverse and offers a range of cuisines, including Creole, Seafood, and French. Some popular restaurants include the Indigo Cafe at Destrehan Plantation, Cantina At The Club, and Ormond Manor Restaurant. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Destrehan?
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The pros of living in Destrehan include its peaceful and family-friendly environment, good schools, and access to outdoor activities such as visiting the Bonnet Carre Spillway. However, some cons include the potential for traffic and crowds, especially during peak tourist season. Additionally, some areas of Destrehan may be prone to flooding, so it's essential to research and choose a neighborhood wisely.
Is Destrehan a good place to live?
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Overall, Destrehan is a great place to live, offering a unique blend of small-town charm and access to big-city amenities. With its rich history, beautiful scenery, and friendly community, Destrehan is an excellent choice for families, retirees, and anyone looking for a relaxed and peaceful lifestyle. However, as with any place, it's essential to weigh the pros and cons and consider factors such as commute time, job opportunities, and personal preferences before making a decision.
Destrehan LA Real Estate & City Facts
Key facts and real estate information about Destrehan LA.
What are some of the best neighborhoods to live in Destrehan?
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Some of the best neighborhoods to live in Destrehan include Ormond, which is known for its peaceful and family-friendly environment. Other neighborhoods, such as those in St. Charles Parish, offer a suburban rural mix feel and are considered to be great places to live in Louisiana.
What are some fun things to do in Destrehan?
+
There are plenty of fun things to do in Destrehan, including visiting the Destrehan Plantation, taking a haunted ghost tour, or exploring the Rivertown Museum & Kenner Planetarium. You can also check out the Bonnet Carre Spillway, East Bank Bridge Park, or attend one of the many fairs and festivals in the area.
What is the food scene like in Destrehan?
+
The food scene in Destrehan is diverse and offers a range of cuisines, including Creole, Seafood, and French. Some popular restaurants include the Indigo Cafe at Destrehan Plantation, Cantina At The Club, and Ormond Manor Restaurant. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Destrehan?
+
The pros of living in Destrehan include its peaceful and family-friendly environment, good schools, and access to outdoor activities such as visiting the Bonnet Carre Spillway. However, some cons include the potential for traffic and crowds, especially during peak tourist season. Additionally, some areas of Destrehan may be prone to flooding, so it's essential to research and choose a neighborhood wisely.
Is Destrehan a good place to live?
+
Overall, Destrehan is a great place to live, offering a unique blend of small-town charm and access to big-city amenities. With its rich history, beautiful scenery, and friendly community, Destrehan is an excellent choice for families, retirees, and anyone looking for a relaxed and peaceful lifestyle. However, as with any place, it's essential to weigh the pros and cons and consider factors such as commute time, job opportunities, and personal preferences before making a decision.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Destrehan LA Commercial Property: $71,322
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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