Luling, LA High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Luling, Louisiana Market population: 12K. Explore income-producing properties with verified cap rates and operating...
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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 Luling LA Properties: 0.7400%
⭐ 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 Luling LA
Common questions from investors exploring commercial real estate in Luling LA.
What's the overall investment potential of Luling, LA, considering its demographics and economy?
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Luling, LA, with a population of 12,333 and a median age of 37.3, presents a stable investment environment, given its median household income of $60,378 and a relatively low poverty rate of 11.5%. The top industries, including manufacturing and construction, combined with a high employment rate of 5,879, indicate a strong workforce, which is further supported by a high health insurance coverage rate of 92.4%.
How does the ethnic diversity and industry mix in Luling, LA, impact the demand for real estate investments?
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The ethnic diversity in Luling, LA, with top ethnicities being White (42.4%), White Non-Hispanic (40.9%), and Black (9.6%), alongside a foreign-born rate of 4.3%, suggests a culturally rich community. This diversity, coupled with top industries like manufacturing, agriculture, and construction, points to a robust demand for housing due to employment opportunities, making it an attractive location for real estate investments.
What are the key factors influencing the quality of life in Luling, LA, and how do they affect real estate investment?
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The quality of life in Luling, LA, is significantly influenced by its average commute time of 25.0 minutes, which is relatively low, and the top commute methods being drove alone, worked at home, and carpooled. This, combined with a high health insurance coverage rate of 92.4% and a low poverty rate of 11.5%, suggests a stable and healthy community, which is conducive to attracting and retaining residents, thereby supporting the local real estate market.
How do the housing market conditions in Luling, LA, such as property values and taxes, impact investment decisions?
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The median property value of $194,000 and median property taxes of $3,535 in Luling, LA, indicate a relatively affordable housing market. When considered alongside the high homeownership rate of 84.7%, these factors suggest a strong demand for housing and potential for property appreciation, making it an attractive option for investors looking for stable returns on their investments.
What role does income inequality, as indicated by the GINI coefficient, play in assessing the investment potential of Luling, LA?
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The GINI coefficient of 0.409 in Luling, LA, suggests a moderate level of income inequality. When viewed in the context of the city's median household income of $60,378, employed population of 5,879, and a poverty rate of 11.5%, it indicates that while there is some disparity, the overall economic conditions are favorable. This balance, along with the city's diverse industries and high health insurance coverage rate of 92.4%, contributes to a relatively stable market for real estate investments.
Luling LA Real Estate & City Facts
Key facts and real estate information about Luling LA.
What are some of the best neighborhoods to live in Luling?
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Some of the best neighborhoods to live in Luling, LA, are Barton, which is known for its family-friendly environment and dog-friendly spaces, and Boutte, which is considered a safe area to live in with a low crime rate. There are also other neighborhoods to consider, such as those near the Lafon Performing Arts Center.
What are some fun things to do in Luling?
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There are plenty of things to do in Luling, LA, such as visiting the Jean Lafitte National Historical Park & Preserve, where you can enjoy cooking demonstrations and historic home tours, or taking a Swamp & Bayou Tour with Optional Transportation from New Orleans. You can also explore the Destrehan Plantation, East Bank Bridge Park, and other attractions in St. Charles Parish.
What is the food scene like in Luling?
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The food scene in Luling, LA, is diverse, with options ranging from Italian restaurants like Mariano's Italian Eatery to Mediterranean cuisine at Garbanzo Mediterranean Fresh. There are also barbecue joints in and around New Orleans, such as the one on River Rd in Luling. Additionally, you can find restaurants near the Lafon Performing Arts Center, such as Smoothie King and Subway.
What are the pros and cons of living in Luling?
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The pros of living in Luling, LA, include its safe neighborhoods, low crime rate, and family-friendly environment. However, some cons might include the limited number of restaurants and attractions compared to larger cities, and the need to drive around to explore different neighborhoods and find the best places to live. Overall, Luling seems to be a great option for those looking for a rural feel and a strong sense of community.
Is Luling a good place to live?
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Luling, LA, appears to be a good place to live, offering a rural feel and a strong sense of community, with safe neighborhoods and a low crime rate. While it may not have all the amenities of a larger city, it has a unique charm and a growing food scene, making it an attractive option for families and young professionals. As with any place, it's essential to weigh the pros and cons and consider factors like commute time, job opportunities, and access to services 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 Luling LA Commercial Property: $60,378
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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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